SEC Issues Enforcement Notice to Uniswap, Sparking DeFi Industry Backlash
TL;DR Summary
The SEC has served Uniswap Labs with a Wells Notice, signaling a potential lawsuit, prompting the crypto industry to view it as a significant attack on decentralized finance (DeFi). Many in the industry expressed support for Uniswap and its founder, Hayden Adams, while also criticizing SEC Chair Gary Gensler. Some called for clear regulation to enable the crypto industry to thrive in the U.S. rather than seeking success elsewhere.
- Crypto industry reacts to SEC serving Uniswap with Wells Notice: ‘The war on DeFi has begun’ The Block
- SEC warns Uniswap Labs of potential enforcement action Reuters
- DeFi Exchange Uniswap Receives Enforcement Notice from the SEC CoinDesk
- SEC Warns DeFi Firm Uniswap Labs of Potential Lawsuit The Wall Street Journal
- SEC moves to sue Uniswap in bid to hobble fast-growing DeFi sector Fortune
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