SEC Alleges Rari Capital Misled Investors with High Annual Percentage Yield Claims: What You Need to Know
The Securities and Exchange Commission (SEC) has accused decentralized finance (DeFi) protocol Rari Capital and its co-founders of misleading investors. The SEC alleges that Rari Capital falsely advertised high annual percentage yields to investors without disclosing the various fees involved. This resulted in a significant percentage of Earn pool investors losing money on their investments. … Read more