🚀 Breaking DeFi News! 🚀

Rari Capital & its co-founders just settled with the SEC for allegedly operating as unregistered brokers & misleading investors. 🤯

1️⃣ Rari's Earn & Fuse pools were marketed as auto-rebalancing, but turns out it was manual! 😅

2️⃣ Misleading high yield promises? SEC says they forgot to mention the fees! 💸

3️⃣ Fines & bans for the co-founders, but no admission of guilt. Classic. 🤷‍♂️

Optimism remains high for DeFi & Web3! 🌐 What are your thoughts on this? Drop a comment below! 👇

#DeFi #Web3 #CryptoNews