Breaking: U.S. SEC Ends Four-Year Investigation Into Aave Amid Ongoing DAO Saga
The SEC has ended the investigation with no plans to bring an enforcement action against the DeFi protocol.
The commission earlier launched the investigation to determine if the AAVE token was a security.
This comes as Aave Labs clash with DAO members over CoW swap fees.
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The U.S. Securities and Exchange Commission (SEC) has ended its 4-year investigation into Aave Protocol, a development which comes as Aave Labs clashes with DAO members over the CoW swap fees. The AAVE price remained largely unchanged despite this development, which confirms that the token is not a security.
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