Rari Capital and Its Founders Settle with SEC! đ
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.
Share your thoughts in the comments! đŹ
#Blockchain#Cryptocurrency #Finance
