SEC Closes Four-Year Aave Protocol Investigation

The U.S. Securities and Exchange Commission closed its investigation into the Aave protocol on Dec. 17 after four years, BlockBeats reports. Aave founder and CEO Stani.eth said in a social media post the process required significant effort and resources to protect Aave, its ecosystem and the broader DeFi sector. He said DeFi has faced unfair regulatory pressure in recent years and expressed optimism about a new era for developers.