Solana-Linked $1 Billion DeFi Dream Crushed By SEC Intervention

DeFi Development Corp. hit a major roadblock this week when the US Securities and Exchange Commission blocked its $1 billion registration filing. The move came after regulators found that the company’s Form S-3 lacked a key internal controls report tied to its 10-K. As a result, DeFi Development—formerly known as Janover—pulled the filing and said it will fix the paperwork before trying again source: https://www.newsbtc.com/altcoin/solana-linked-1-billion-defi-dream-crushed-by-sec-intervention/