The SEC spent more than a year investigating whether federal securities laws had been violated in connection with statements made when Bolt was raising money.
Blue Apron, which went public in 2017 at a valuation of $1.9 billion, had struggled in recent years amid mounting competition from competitors like Hello Fresh and Amazon.
YC cut a small team overseeing admissions to the accelerator this summer, another indicator that YC's new president is focused on bringing back the old days.
The cuts come less than a month after the company said it would expand the team and as X faces renewed criticism from the European Commission over the volume of misinformation on its platform.