đ **Breaking News in Crypto Land! đ**
The SEC has settled with DeFi protocol Rari Capital and its co-founders for allegedly misleading investors and unregistered broker activity. Rariâs Earn and Fuse pools, touted as automated yield farming, apparently needed some good olâ human touch to rebalance assets. đ€âĄïžđšâđ»
Key points:
- Rari Capital accused of unregistered securities sales.
- Co-founders face a five-year ban from serving as officers or directors.
- Settlement includes civil penalties and a cease-and-desist order.
What do you think about the SECâs actions? Drop your thoughts below! đŹđ