Crypto investor 3LAU exits friend.tech due to concerns over regulatory risks

ChainCatcher news, popular music host and crypto investor 3LAU exits friend.tech. 3LAU stated: "I think it's a great product, but the risks are too high for me. I don't think the risks are 'high', but I certainly have a responsibility not to engage in a somewhat unclear regulatory space. Everything is fine except for the AMM mechanism, and I don't want my brand to be associated with AMM in this way."

3LAU stated that he will refund anyone who purchased his key.