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The U.S. Securities and Exchange Commission (SEC) has sent a Wells Notice to Uniswap, notifying the company of its intention to sue the company.
UniSwap founder Hayden Adams issued the following statement in response to the SEC's threat of litigation:
"Today Uniswap Labs received a Wells Notice from the SEC.
I'm not surprised. I'm just angry, frustrated, and ready to fight. I believe the products we offer are legal and our job is to be on the right side of history. But for some time now, the SEC has made it clear that it has decided to focus on attacking long-standing, well-intentioned organizations like Uniswap and Coinbase rather than working to develop clear and informed rules. All the while, bad actors like#FTXhave been turned a blind eye. This fight will last for years, and may go all the way to the Supreme Court, with the future of fintech and our industry hanging in the balance. If we unite, we can win"
I believe freedom is worth fighting for. "I think DeFi is worth fighting for."
After #XRP #Ripple , #Coinbase, #KuCoin, the SEC is eager to continue to maintain its muscle in the crypto field💪,
After more than a year of investigation, the SEC finally took action. However, Uni just won the class action lawsuit last year, and the judge stood on the side of UniSwap. What about this time?
It's very interesting, another good show, let's see what will happen next?
