BarnBridge DAO votes to comply with SEC order

Voters have let the DAO’s Treasury “sell all tokens it is permitted to sell” if needed.

The voting ended with a unanimous decision to comply with the SEC’s potential demands and pay fines if necessary.The decentralized autonomous organization behind the decentralized protocol BarnBridge has conducted its voting on how to react to the United States Securities Exchange Commission’s potential demands.to comply with the SEC’s potential demands and pay fines if necessary. Tyler Ward and Troy Murray were nominated as the DAO’s special delegates for dealing with the regulator.

No information is available on any specific order the SEC has sent to BarnBridge. The regulator’s investigation into the DAO. BarnBridge immediately paused all its work and closed its liquidity pools. Addressing the members, Ward provided no details for the SEC’s investigation due to its “non-public nature.

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