The legendary architect participated in a blog to explain his real motivation behind the departure of the part in 2022. With the founder of the Conton Nell, Kronji faced a brutal scrutiny from the US Securities and Exchange Committee.

Andre Cronje reveals that he left Defi in 2022 due to SEC pressure

Andre Cronje, founder of Farn.finance (YFI), Keep3r (KP3R) and one of the prevailing decentralized financing mechanisms, were forced to quit DEFI in 2022 due to attacks by the previous team in the United States. In 2021-2022, he was targeted by the US World Agency, which was investigating the case of esteemed cellars as "investment mechanisms".

the statement It was published today, January 28, 2025, on the Kronji Personal Blog. As DEFI's father, he was protecting his products from accusations for about two years.

Mostly, American organizers were interested in income that appears to be receiving Kronji from his participation with Farn.finance (YFI) and Keep3r (KP3R), and the mechanism of money raising.

He emphasized that since the beginning of the protocol operations, he obtained zero fees from Farn, or work without a founder, team or allocation. Also, he did not sell anything to us from the population and visit the United States only once:

In general, this took two years of my life and finally reached its climax at a point in which a choice was chosen mainly. I can continue to try to build things for free, no benefit, and spend hours of my energy and the time to issue this symbol in the wild, with the need to constantly face these attacks and have to spend months of my life and real money to defend them. Or I need to get away. Two years after the need to deal with this every month, the nights that do not sleep do not sleep. I chose the latter.

Before quitting smoking, CRONJE released a series of publications on the organization in the Defi sector. Investigators have also forced to keep information about SEC allegations.

The new Blockchain from CRONJE, Sonic (S) exceeds $ 350 million in TVL

It was also covered by U.Today previously, called Andre Cronje and Anton Nell ending in March 2022. Their decision to leave them collapsed in the Defi symbol.

In 2023, he returned with the idea of ​​Blockchain Fantom (FTM) to Sonic (S). Now, it's one of the fastest classes -1 growth.

Since the brand repression ads, the combined TVL jumped by 66 %.