Ethereum DeFi Protocol BarnBridge Faces SEC Action and Fines, Opens Token-Holder Voting

By CryptoNews - 6 months ago - Reading Time: 1 minutes

Ethereum DeFi Protocol BarnBridge Faces SEC Action and Fines, Opens Token-Holder Voting

Decentralized finance (DeFi) lending project BarnBridge has announced a token-holder voting to tackle the legal charges that the project is facing from the US Securities and Exchange Commission (SEC), along with fines.
BarnBridge confirmed in July that is it facing a probe from the US regulators and halted “all work” related to the project in order to “reduce potential further legal liability.” However, the firm did not reveal the reasons behind the investigation....
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Original source: CryptoNews