Layer-1 Blockchain Sonic (S) talks about his decision to stay away from Crypto in 2022, two years after the launch of the non-central financing platform (DEFI).
in mail On the average, Andre Kronji says he stopped his general participation with Davi because of the organizational pressure.
He says everything started in 2021 when the US Securities and Stock Exchange Committee (SEC) sent a letter asking for more information about YFI, including whether he had collected money and who are investors.
Kronji says he complied and provided the largest possible information, but the Supreme Education Council later continued to send messages to him in a tone. The organizer has achieved in various issues, including violations, which Kronji Arbakk says because he is not an American citizen or a resident and nothing has been sold to anyone in the United States.
“The letters continued to come, every time you go to a new angle of the attack. I started“ investigation ”from the angle of lifting and violation of SEC … when it became clear that [the raise] It was not an angle of the attack, as it turned into a focus on the esteemed cellar themselves as “investment vehicles”.
Kronji says the time and effort he took to answer questions from the organizer have turned his attention.
“At this stage, I was practically forced to completely stop development, research and development, and focus only on this legal and regulatory battle.”
He says the nights without sleep and the pressure of the ordeal led him to quit smoking.
“Everyone in all this, it took two years of my life and finally reached its climax at a point in which an option was essentially chosen. I can continue to try to build things for free, and no benefit, and spend hours of my energy and the time to issue this symbol in the wilderness, with the need to face this The attacks are constantly and have to spend months of my life and real money to defend it.
Kronji says he is now sharing his experience as SEC takes a new direction.
“I finally thought I could actually write about this, as I have previously advised these investigators that they did not mention the investigation or might escalate things.”
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