🚨 SEC's "Crypto Mom" drops a major reality check for DeFi! Hester Peirce warns that simply moving vaults and lending strategies "onchain" doesn't grant regulatory immunity. If human discretion or curators control yields, LTVs, or staking, it may be a security. Morpho ($MORPHO) already slid 5% on the news. Stop the legal acrobatics, start cooperating. ⚖️ #DeFi #Crypto Regulation #SEC #CryptoNews
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