SEC Sounds Alarm: dYdX and Friends Caught in Unlicensed Crypto Shenanigans!
It was on a Tuesday, a day like any other, when the SEC took to Facebook-yes, the modern town square-to declare that dYdX, Aevo, gTrade, Pacifica, Orderly, Deriv, and Ostium were offering tantalizing investments in exchange for “promised returns, profits, or interest.” Ah, the sweet siren song of easy money! But alas, none of these digital dream merchants bothered to register with the Commission or secure the necessary licenses, opting instead to play their high-stakes game in the shadows.



