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The SEC will sue Uniswap!

The warning came in the form of a Wells notice, which the SEC sends to a company before filing an official lawsuit. The nature of the allegations against Uniswap Labs, which created the eponymous protocol but does not control it, is unclear. Based on the agency's recent lawsuits, it can be assumed that the issue is about offering unregistered securities or the lack of registration as a broker or exchange. As for the price of the Uniswap (UNI) token, it reacted to this news with a drop, which is quite expected. Uniswap Labs stated that they are ready to fight the SEC.

$UNI $PEPE $ATOM #FjordTrader #Polygon #Matic #DeFi #BTC