The SEC Is Attacking DeFi! Can Crypto Survive The Attack?!
The SEC is rumored to be sending out Wells Notice's to major DeFi Protocols. This means they are launching investigations into whether or not these tokens are securities. This is 100% an attack on DeFi and Crypto as a whole. These are permissionless smart contracts registered outside of the U.S. however the SEC is still trying their best to get rid of them all together at the current moment in time. This is a big inflection point in crypto as regulations inch closer and closer. The closer they get the more we realize how restrictive they are overall for the crypto industry as a whole. In this livestream Connor will discuss the current attack on DeFi and Crypto and go over a plan of action incase the rumors do turn out to be true.
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