Salt Lending (SALT) Under SEC Investigation for Potential Unregistered Security Sale

Salt (SALT), one of the high-profile crypto projects aiming to build a cryptocurrency-secured lending business, has seen renewed attention from the US Securities and Exchange Commission, reported the Wall Street Journal.

A section of the investigation is pointed toward Erik Voorhes, CEO of ShapeShift, who is also involved with the SALT project. Voorhes has an indirect connection to SALT, as he served on its board while the startup raised funds. But an e…

This article appeared first on Cryptovest

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