SEC Blocks DeFi Corp’s $1B Solana Buying Spree

Key Points: DeFi Development Corp has withdrawn its S-3 registration filing with the US SEC after the agency said the company was not eligible to file the form. The Nasdaq-listed firm disclosed on Wednesday that it had failed to include a management report on internal control over financial reporting, a requirement for Form S-3 eligibility. source: https://coincu.com/342844-sec-blocks-defi-corps-1b-solana-buying-spree