Fei Protocol's Discord reportedly taken over by San Francisco court? Regulatory involvement in DeFi community, airdropping legal NFTs.

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Fei Protocol

Fei Protocol reportedly taken over by San Francisco court on Discord? DeFi developer Julian Traversa reveals a San Francisco court document, stating, "It looks like the San Francisco court has taken over Fei Protocol's Discord."

Court Takes Over DeFi Community? Fei Protocol Airdrop Notice

Julian Traversa may not be far off. Fei Protocol has issued a notice to Discord members, indicating that individuals who purchased FEI or TRIBE tokens between 3/31 and 4/3 in 2021 may have their interests affected due to legal actions.

An NFT related to legal notices from July 7, 2023, authorized by a California court, has been airdropped to wallets of eligible participants, requesting recipients to read the information provided.

The lawsuit aims to recover funds raised in unregistered securities offerings by the defendants for the plaintiffs.