Andre Cronje, founder of Sonic, revealed that his departure from DeFi in 2022 was due to relentless pressure from the SEC, despite being a non-US citizen. He faced escalating demands that drained his resources, ultimately leading him to exit the industry.

With a new, more crypto-friendly SEC expected in 2025, Cronje feels comfortable sharing his story, shedding light on the struggles of crypto projects under regulatory scrutiny. His experiences illuminate the ongoing challenges in the crypto landscape.