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VisitWill Rari Capital founders be banned from operating DeFi platforms by June 30, 2025?
Yes • 50%
No • 50%
Official announcements from the SEC or court documents
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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Founders step down • 25%
Founders remain in charge • 25%
Founders face legal consequences • 25%
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Fines • 25%
Bans from financial activities • 25%
Criminal charges • 25%
No further action • 25%
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Rari Capital's token price increases • 25%
Rari Capital's token price decreases • 25%
No significant change in token price • 25%
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Aave • 25%
Compound • 25%
SushiSwap • 25%
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Exit the DeFi space • 25%
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Merge with another company • 25%
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Fines, bans, and jail time • 25%
Fines only • 25%
Fines and bans • 25%