Aave says SEC ended four-year probe; mid-August letter, disclosed on December 16

Aave stated on December 16 that the SEC had closed its four-year investigation, referencing a letter the team received in mid-August. Founder Stani Kulechov said the process drained resources and declared "DeFi will win." Following the update, AAVE fell about 4% to $183, while Binance Altcoin Netflow pointed to exchange outflows and possible accumulation below $200.