SEC Threatens Lawsuit Against Leading DeFi Startup Uniswap, Risking Innovation in Finance Tech

The SEC plans to sue Uniswap, a leading decentralized finance (DeFi) company, threatening innovation in finance tech.

Uniswap pioneered automated market maker platforms and liquidity pools to enable faster, more secure trading.

While risky, DeFi has significant long-term potential to transform finance.

Uniswap is a legitimate, U.S.-based startup with finance industry veterans, not a shady offshore operation.

The SEC's ideological stance against crypto has prompted it to try to smother emerging innovations like DeFi rather than craft regulations to foster them.