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Lido’s LDO Token Sinks 10% Following Rumors Crypto Staking Service Received SEC Notice

Crypto podcaster David Hoffman spread (and then retracted) a rumor that the SEC had delivered a Wells Notice to the decentralized staking service. A spokesperson for Lido declined to comment.

Updated Mar 6, 2023, 3:09 p.m. Published Mar 5, 2023, 1:03 a.m.
"Bankless" co-host David Hoffman (Danny Nelson/CoinDesk)
"Bankless" co-host David Hoffman (Danny Nelson/CoinDesk)