Jared Gray, chief executive of Sushi, the Japan-based DAO, and his attorney stated that, to their knowledge, no one connected to Sushi had violated US federal safety laws.
Gray, United States Securities and Exchange Commission ( SEC) assured that Sushi was cooperating with the SEC after a subpoena.
Sushi Responds to Community Concerns After Subpoena From SEC
Sushi’s chief chef (lead developer) Jared Grayand the lawyer to investigate, SEC He described it as a non-public, fact-finding investigation that does not imply any negative opinion of any person, entity or entity related to the DAO. In a statement on 8 April gray, answered the most frequently asked questions from the community about subpoenas in a FAQ format.
grayHe used the following statements in his statements:
“We don’t know if one way or another the SEC claims to file subpoenas about any other person or entity it believes represents the Sushi community.”
grayand his lawyer, reassuring the community that the investigation did not imply any wrongdoing, continuing:
“The investigation does not mean that the SEC has concluded that Jared, Internet Three Software Company or Sushi have violated any law. Nor does the investigation imply that the SEC has a negative view of any person, entity or entity.”
