SEC Decision Causes Sharp Drop in Ethereum-Based Tokens Lido DAO (LDO) and Rocket Pool (RPL)

The recent decision by the U.S. Securities and Exchange Commission (SEC) about two altcoins led to significant price declines. The SEC announced on June 28th that Ethereum-based staking protocols Lido DAO (LDO) and Rocket Pool (RPL) are offering securities services. This declaration resulted in price drops of up to 23%, as the SEC’s detailed statement

Source: CoinOtag