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SEC signs contract with analytic firm to investigate DeFi market

AnChain.AI, is a San Jose-based artificial intelligence and machine learning blockchain startup that focuses on tracking illicit activity across crypto exchanges, DeFi protocols, and traditional financial institutions.

The contract is valued at $125,000 per annum and will last for five years. Victor Fang, the CEO and co-founder of AnChain.AI said:

Gensler warned that DeFi operations are not immune from probes just because they bear the tag decentralized in an August interview with The Wall Street Journal. He continued;

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Source: Cryptocurrency - investing.com

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