Picture of the author

Mr.Arshman

06/12 18:25

SEC halts DeFi Dev Corp’s $1B Solana investment –

SEC halts DeFi Dev Corp’s $1B Solana investment – Why & what next?SEC-blocks-DeFis-1B-Solana-investment-768x432(0).webp

  • SEC blocked DeFi Development’s $1 billion Solana investment over missing internal controls report.
  • Solana saw $423 million inflow as investor caution rises after DeFi filing setback.

In a move that highlights ongoing regulatory hurdles for crypto firms, the U.S. Securities and Exchange Commission (SEC) has halted a $1 billion registration attempt by DeFi Development Corp.

The company, formerly known as Janover, had aimed to direct the capital toward investments in the Solana [SOL] blockchain.


#Share Your Thoughts on Popular Assets in June#Check In Daily, Win Prizes Daily — Join the Fun!#Claim1,200 USDT in the Monthly Creation Challenge
3Share

All Comments0LatestHot

LatestHot
noContent

No records