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SEC Blasts ‘Purportedly Decentralized’ DAOs in $1.7M Settlement with BarnBridge

“This case serves as an important reminder that those laws apply to all who wish to access our capital markets, regardless of whether they are, or purport to be, incorporated, decentralized or autonomous,” Gurbir S. Grewal, Director of the SEC’s Division of Enforcement, said in a press release.

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