News Explorer — SEC Settles Charges With DeFi Platform Rari Capital

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Sep 18, 7:42 pm

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SEC Settles Charges With DeFi Platform Rari Capital

The SEC has settled charges against decentralized finance platform Rari Capital and its co-founders for allegedly misleading investors and acting as an unregistered broker. Rari Capital's platforms held over $1 billion worth of assets at one point. The settlement includes various penalties and injunctions against the co-founders and a cease-and-desist order for Rari Capital Infrastructure.

The SEC has settled charges against decentralized finance platform Rari Capital and its co-founders for allegedly misleading investors and acting as an unregistered broker. Rari Capital's platforms held over $1 billion worth of assets at one point. The settlement includes various penalties and injunctions against the co-founders and a cease-and-desist order for Rari Capital Infrastructure.

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