Jared Gray, CEO of decentralized exchange (DEX) SushiSwap (SUSHI), said he and Sushi DAO had received subpoenas from the SEC and offered $3 million in funding for legal proceedings.
Jared Gray March 21 made on the Establishing a $3 million fund announced that SushiSwap’s decentralized autonomous organization Sushi DAO and itself have been subpoenaed by the US Securities and Exchange Commission (SEC).
In his statement SEC with partnership Stating that they are in legal situations And investigations about to the public to make a statement they don’t think stated.
A user commenting on the offer of the DAO how you were summoned to court that you don’t understand stating the situation illogical The user drew attention to the fact that “I’m also a DAO member, I didn’t see a subpoena in my mailbox” used the phrases.
The CEO also announced the subpoena in the motion, SushiSwap To Sushi DAO established for core developers in the past 100 thousand as well as the $$ Sushi DAO legal defense fund 3 million A new USDT fund the establishment of he offered.
On the other hand, Gray basic developers attorney And court It will be collected while expressing that it is planned to be used in legal defense processes such as expenses. 3 million USDT become exhausted in the defense process 1 million dollar an additional fund He also included in his proposal to leave.
According to Coinecko data, after the court news, SUSHI $1.22 from the level $1.15 to the level down 5.73% lost value. As of my spelling of SUSHI $1.18 from the level process he sees.