DeFi protocols offering 10,000% APY looking at the SEC going after Coinbase for 4%.
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DeFi protocols offering 10,000% APY looking at the SEC going after Coinbase for 4%.
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Defi is harder to target since people can just spin things up. If anything, I think they might be able to go after major players who create tokens for pumps and dumps though.
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LOL
Yea thats acurate
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Unless there is a rug pull which equals fraud, there is nothing for the SEC to look at no matter what the rate of return.
Nevertheless, the clown who is running the SEC things everything is under its domain.
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