Recent fees brought against Mango Markets exploiter Avraham Eisenberg will certainly have a favorable effect on the decentralized financing (DeFi) room, according to credit scores score company Moody’s.
In a Jan 31 note from Moody’s Investor Service, assistant vice head of state of decentralized financing Cristiano Ventricelli mentioned that enforcement activities brought by the 2 leading united state market regulatory authorities in January indicate that DeFi is approaching a “safer and more welcoming environment.”
“The fact that both the SEC and CFTC took action against market manipulation by an alleged rogue trader is a credit positive for the industry as a whole.
Ventricelli stated that these actions could “improve oversight of the DeFi industry” which has for one of the most component been a tough location to manage as a result of the absence of clearness concerning territory over open-source methods.
On Jan 20, the United States …