GoldenTree Moves $5M of SUSHI, Sparking Fear It’s Exiting
The move comes as Sushi, a decentralized exchange for trading cryptocurrencies on the Ethereum blockchain, faces fresh scrutiny from U.S. regulators. On Tuesday, Sushi’s leader, Head Chef Jared Grey, revealed he and the decentralized autonomous organization were subpoenaed by the U.S. Securities and Exchange Commission. Grey didn’t elaborate on the focus of the apparent investigation but called on the DAO to raise a $3 million legal defense fund.
