SEC warning over crypto yield vaults puts DeFi’s secret human controllers in the crosshairs
SEC Commissioner Hester Peirce has warned that crypto vaults might face federal securities-law scrutiny when folks management how property earn yield. Morpho Vault V2 gives a transparent case examine as a result of its structure divides the similar powers Peirce highlighted. Curators select the technique and appoint allocators, whereas allocators transfer property inside these limits….
