In an effort to confront the legal charges and potential fines put forth by the US Securities and Exchange Commission (SEC), BarnBridge, a leading DeFi lending project, has recently announced a token-holder voting. Back in July, BarnBridge had confirmed that it was under investigation by US regulators and had temporarily halted all project-related activities to minimize legal liability.
While the project did not disclose the exact details behind the investigation, it has now provided an update, informing the community about the initiation of voting for token holders. This move is significant as it marks the project’s formal engagement with its community to collectively respond to the probe conducted by the SEC.
