SEC Files Lawsuit Against Uniswap, Token Slides
TL;DR Summary
Decentralized exchange Uniswap's native token, UNI, dropped 9.5% after receiving a notice from the SEC about a potential enforcement action, causing a 18% loss over 24 hours. Bitcoin's upcoming halving event is expected to drive bets on related networks and ecosystem tokens, potentially leading to a bull market. Hong Kong regulators are reportedly nearing approval of spot-based bitcoin ETFs, which could attract Chinese investors seeking new wealth storage options.
- First Mover Americas: Uniswap's Token Slides on SEC Lawsuit CoinDesk
- SEC moves to sue Uniswap in bid to hobble fast-growing DeFi sector Fortune
- SEC issues Wells notice to defi crypto exchange Uniswap Quartz
- Uniswap says it has received SEC Wells notice, with charges imminent MarketWatch
- SEC Files Lawsuit Against Uniswap Watcher Guru
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