Rari Capital and Its Founders Settle with SEC! 🚀

The U.S. Securities and Exchange Commission (SEC) has settled charges with decentralized finance platform Rari Capital and its founders. Rari allegedly operated as an unregistered broker and misled investors.

- Rari founders Jai Bhavnani, Jack Lipstone, and David Lucid also pleaded guilty to charges.

- The Earn and Fuse pools operated like mutual funds.

- Investors were misled with promises of high returns.

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