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SEC Charges DeFi Platform Rari Capital and Its Founders With Misleading Investors and Acting as Unregistered Brokers
September 20, 2024
WASHINGTON, Sept. 20 -- The Securities and Exchange Commission issued the following news release on Sept. 18, 2024:

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Rari Capital also charged for engaging in unregistered crypto offerings

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The Securities and Exchange Commission today announced settled charges against Rari Capital, Inc., a supposed decentralized finance (DeFi) protocol, and its co-founders, Jai Bhavnani, Jack Lipstone, and David Lucid, for misleading investors and eng . . .

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