DeFi Project Sushi Reveals SEC Subpoena, Doesn’t Disclose Why

Sushi DAO, the organization behind what was once the leading decentralized crypto exchange, said the US Securities and Exchange Commission has subpoenaed the project as well as its new “head chef.”

Jared Grey, Sushi’s equivalent to a chief executive officer, confirmed in a Twitter direct message to Bloomberg that he and the decentralized autonomous organization behind the DeFi exchange SushiSwap were both subpoenaed. Grey declined to comment beyond what was posted on Sushi’s online forum earlier Tuesday.

Source: DeFi Project Sushi Reveals SEC Subpoena, Doesn’t Disclose Why