- Bankless podcaster David Hoffman said on Friday that multiple crypto companies, including Lido, have received Wells Notices in the past months.
- Lido denied having received a Wells Notice.
- LDO dumped almost 20% once the rumor started spreading but failed to recover after it turned out to be false.
David Hoffman, a podcaster at Bankless, said in one of the podcasts on Friday that multiple DeFi companies have received Wells Notices.
https://twitter.com/mdudas/status/1631717071318052864?s=20 A Well Notice is a formal document informing the recipient that the Securities and Exchange Commission (SEC) is about to bring enforcement actions against the recipient.
âMany Wells Notices have been...