BOND Token Soars After BarnBridge Votes to ‘Comply’ With SEC
BOND Token Soars After BarnBridge Votes to ‘Comply’ With SEC Source
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BarnBridge
BarnBridge DAO votes to adhere to SEC ruling
BarnBridge DAO, which runs a small DeFi protocol, has concluded its voting process on addressing potential demands from the U.S. Securities Exchange Commission (SEC). The vote, which ended on Oct. 12, resulted in a unanimous decision to comply with any forthcoming SEC requirements and to pay fines if necessary. Tyler Ward and
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BarnBridge DAO votes to comply with SEC order
BarnBridge decentralized autonomous organization’s (DAO) members have conducted their voting on how to react to the United States Securities Exchange Commission’s (SEC) potential demands. The voting ended on Oct. 12 with an unanimous decision to comply with the SEC’s potential demands and pay fines if necessary. Tyler Ward and Troy Murray
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DeFi Protocol BarnBridge Prepares for SEC Action, Fines
The proposal includes provisions that would liquidate the treasury “and allow Ward and Murray to distribute the tokens,” although it does not say to whom. BarnBridge’s treasury sits above $200,000 in various cryptocurrencies according to public data on two wallets. Some of that cash is also earmarked for legal expenses
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BarnBridge DAO to halt operations amid reported SEC investigation
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to Douglas Park, a lawyer, the BarnBridge protocol should stop all operations due to an ongoing investigation by the US Securities and Exchange Commission (SEC). BarnBridge is a platform that builds infrastructure and protocols around
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BOND Price Slumps 10% asDeFi Protocol BarnBridge Faces SEC Investigation
“I am letting you know that the Securities and Exchange Commission is investigating Barnbridge DAO and individuals associated with the DAO,” wrote Douglas Park, duly elected legal counsel to Barnbridge DAO, in a Discord message on Friday morning. Source
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BarnBridge DAO calls halt to ‘all work’ on DeFi protocol amid SEC probe
BarnBridge DAO members have been told to pause “all work” related to the project after a reported probe by the United States Securities and Exchange Commission (SEC).In a July 6 post to the platform’s Discord channel, Douglas Park, a lawyer for the decentralized autonomous organization revealed the news to members.“I
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