Bankless co-founder David Hoffman has apologized for spreading rumors about what he calls “Wells Notice Carpet Bombing” targeting crypto firms, including Lido Finance.
Hoffman claims to have received information from a source that a Wells Notice from the Securities and Exchange Commission (SEC) will be distributed, targeting crypto firms, and Lido Finance will be one of them.
The same day, Hoffman clarified on Twitter that Lido had denied the claim, saying that “Lido deserves no special attention here,” he said.
The rumors caused the Lido DAO (LDO) token price to drop nearly 20% on March 3. followCoinMarketCap data
Update on the "Wells Notice Carpet Bombing" statements in the Weekly Rollup
I checked in with my source, and have some clarifications to make.
1. Timing and concentration
I said that "Many Wells notices have been distributed In the last week or so".
The "week" part is… https://t.co/1TzUWYyxVd
— DavidHoffman.bedrock
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refer : LINK
picture LINK
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