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Unaffiliated Governance Voters Generally Aren’t a Controlling ‘Group,’ SEC Staff Say

Unchained·November 4, 2026·1 min read
Unaffiliated Governance Voters Generally Aren’t a Controlling ‘Group,’ SEC Staff Say

SEC staff issued new answers stating that unaffiliated governance voters generally aren't a controlling 'group.' The guidance covers token voting, governance housed in foundations, and powers like reversing transactions. However, the answers bind no one and name no specific project, leaving room for interpretation in the crypto governance space.

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