Rari Capital Faces SEC Charges, Settles with Major Consequences

The US Securities and Exchange Commission (SEC) charged Rari Capital, a decentralized finance (DeFi) protocol, and its executives, citing actions misleading investors and operating as unregistered brokers. The Wednesday settlement includes various forms of relief, a capped ban, and a cease-and-desist order subject to court approval. SEC Charges DeFi Protocol Rari... source: https://beincrypto.com/rari-capital-faces-sec-charges-settles-with-major-consequences/