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BarnBridge community votes to authorize its founders to comply with SEC order

2023-10-15 02:07
Odaily News Snapshot page shows that the DeFi protocol BarnBridge community has voted that BarnBridge co-founders Tyler Ward and Troy Murray should comply with the US SECs order against BarnBridge. According to previous news on October 12, BarnBridge launched a community vote to decide whether BarnBridge co-founders Tyler Ward and Troy Murray should have the authority to take all necessary actions to comply with the US SECs order. The specific contents include: 1. Granting Tyler Ward and Troy The authority for Murray and his attorneys to take all actions necessary to comply with the SECs order against BarnBridge; 2. BarnBridge Treasury to pay all disgorgement amounts required by the order; 3. Authorization for BarnBridges legal counsel, Douglas Park, to sign the final terms of the order on BarnBridges behalf. version; 4. Have the vault pay all of Park’s invoices related to the SEC investigation; 5. Have the vault sell all tokens it is allowed to sell and allow Tyler Ward and Troy Murray to distribute the tokens.