The SEC accused Uniswap of violating securities trading laws
The details are unknown, but it is assumed that, as in other cases, the SEC is trying to accuse the exchange of illegal securities trading. According to Uniswap’s lawyer, the web application and wallet cannot be equated with “securities brokers or exchanges.”
The head of the SEC has already commented on the situation. Gary Gensler stated that decentralized exchanges “are not really decentralized exchanges, so they are subject to regulatory policies.” Thus, we are witnessing a case where the Regulator is trying to accuse DEXs of illegal activities.
Read more in the article The Securities and Exchange Commission accused Uniswap of violating securities trading laws on comment!
