SEC Settles Rari Capital! 🚨

- The SEC found that DeFi platform Rari Capital misled investors and engaged in unregistered brokerage.

- Rari founders promised investors automatic rebalancing but sometimes failed to do so.

- Rari had over $1 billion in crypto assets at its peak.

- Founders will not be able to be executives for 5 years and will pay a fine.

👀 Be careful in the crypto world!