I saw many people still shilling this token and telling blindly to people to buy the DIP since it's almost 96% down from it's #ATH
The Proect is dead and here's why:
'BarnBridge DAO Agrees to Stop Unregistered Offer and Sale of Structured Finance Crypto Product' - SecGov
⏭️ BarnBridge agreed to disgorge nearly $1.5 million of proceeds from the sales and Tyler Ward and Troy Murray each agreed to pay a $125,000 civil penalties.
They will pay more than $1.7 million to settle charges that they failed to register BarnBridge’s offer and sale of structured crypto asset securities known as SMART Yield bonds.
⏭️ The #SEC orders reference remedial actions initiated by Ward and Murray
⏭️ it happened last December 2023, till now there's no update or news. Not even confirmation or even denying. Dead project that was abandoned.
⏭️ Possible to be delisted on Multiple CEXs as it will not meet the requirements exchange safety requirements.
Stay #SAFU , Follow #CillionaireMind