Allegedly #decentralized ‘credit market’ shutters after attorney Discord post.

BarnBridge #DAO’s legal counsel has claimed that the Securities and Exchange Commission (#SEC ) is investigating the allegedly decentralized organization. BarnBridge immediately terminated its liquidity pools, stopped creating new ones, and halted compensation to developers.

Lawyer Douglas Park posted the announcement on Discord and #BarnBridge  tweeted it. Park said neither he nor fellow BarnBridge team members, Tyler Ward and Troy Murray, would comment on the ongoing investigation.