Aave Founder Says SEC (U.S. securities regulator) Ends Four-Year Investigation Into Aave Protocol

Aave Founder Says SEC (U.S. securities regulator) Ends Four-Year Investigation Into Aave Protocol

The conclusion of the SEC’s investigation coincides with Aave’s ongoing V4 roadmap and governance initiatives, reflecting evolving DeFi narratives amid wider ecosystem developments.

AAVE

Fact Check
The assessment is "likely_true" because the two relevant sources provided both corroborate the statement without any contradiction. A social media post from AssetDash, a crypto-focused company, and another post from a personal/aggregator account both explicitly state that the SEC has concluded its investigation into Aave. While these sources are not primary (e.g., an official statement from the SEC or Aave) and have moderate to low authority scores (0.40 and 0.20 respectively), their consistency on the matter provides significant weight to the claim. The other three sources are irrelevant to the specific investigation, discussing unrelated topics or serving as a general article index, and therefore neither support nor refute the statement. The absence of conflicting evidence, combined with the direct and consistent claims from the relevant sources, makes it highly probable that the statement is true, although the lack of a high-authority, primary source prevents absolute certainty.
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Summary

Aave founder Stani Kulechov confirmed the SEC has concluded its four-year probe into the protocol without enforcement action, lifting a regulatory burden from the decentralized lending platform. The investigation, begun in late 2021, examined Aave’s DeFi services. Its closure has bolstered community sentiment, aligning with current discussions on the V4 roadmap, governance proposal “$AAVE Alignment Phase 1,” and broader DeFi developments involving Base, Polymarket, Perp DEXs, and legal disputes in the Solana ecosystem.

Terms & Concepts
  • DeFi: A blockchain-based system for decentralized finance services without traditional intermediaries.
  • SEC: The United States Securities and Exchange Commission, the federal securities regulator.