Posted 4/10/2024, 6:48:35 PM
Uniswap Faces SEC Lawsuit Threat, Vows to Fight Charges
- The SEC has sent a Wells notice to Uniswap Labs, warning it will face a lawsuit over securities charges
- Uniswap founder Hayden Adams said he's "not surprised" but is "annoyed, disappointed, and ready to fight"
- The SEC has been investigating the leading Ethereum DEX Uniswap for years already
- Uniswap's Chief Legal Officer said the warning is "another abuse of power" from the SEC
- Uniswap's legal counsel said its products comply with US law and it's prepared to fight the SEC's "abuse"