🚀Uniswap Labs, the brains behind the world's largest decentralized exchange, is ready to duke it out with the SEC. The regulator has issued a Wells Notice, but Uniswap's team is unfazed.🥊

- The team sees this as another political move to target top crypto players, like themselves and Coinbase.

- They assure all Uniswap products and the Uniswap Protocol remain unaffected.🛡️

- Uniswap Labs, based in NYC, is a key contributor to the Uniswap protocol on Ethereum, enabling global, trustless trading of crypto tokens.

- The SEC's beef? Unclear, but they've sued other exchanges for listing alleged securities and project teams for issuing unregistered securities. Uniswap Labs could be seen as guilty of both.👀

Uniswap's defense? The assets traded on its protocol, including its native UNI token, don't constitute securities. They argue that current law doesn't give SEC jurisdiction over self-custodial, on-chain trading decisions.

Thoughts? 💭 #DeFi #Uniswap #SEC