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What will be Rari Capital's next business move post-settlement by June 30, 2025?
2
Resolution / Starting Odds
Rebrand and relaunch • 25%
Merge with another company • 25%
Exit the DeFi space • 25%
Other • 25%
Official announcements from Rari Capital or industry news
Story
SEC Settles Charges Against Rari Capital for Misleading Investors, Unregistered Brokers, and Securities
Sep 18, 2024, 07:55 PM
The U.S. Securities and Exchange Commission (SEC) has settled charges against decentralized finance (DeFi) platform Rari Capital and its founders. The charges include misleading investors, operating as unregistered brokers, and offering unregistered securities. The case pertains to Rari Capital's two blockchain investment platforms, which once held over $1 billion in crypto assets. The SEC accused Rari Capital of advertising their lending pools as autonomous while they were manually operated. The settlement is part of the SEC's broader effort to regulate the DeFi sector.
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Similar markets
Yes • 50%
No • 50%
Rari Capital's token price increases • 25%
Rari Capital's token price decreases • 25%
No significant change in token price • 25%
Other market reactions • 25%
Founders step down • 25%
Founders remain in charge • 25%
Founders face legal consequences • 25%
Other outcomes • 25%
Fines • 25%
Bans from financial activities • 25%
Criminal charges • 25%
No further action • 25%
Antitrust Violation • 25%
Securities Fraud • 25%
Insider Trading • 25%
Other • 25%
SEC lawsuit • 25%
Class action lawsuit • 25%
Settlement with SEC • 25%
No major legal action • 25%
Further appeals by SEC • 25%
Settlement reached • 25%
Case closed with no further action • 25%
Other legal developments • 25%
