Posted 4/14/2024, 11:01:02 AM
DeFi Developer's Trial Begins as SEC Targets Uniswap and Meme Coin Mania Continues
- Avraham Eisenberg's criminal trial began over his $110M DeFi exploit of Mango Markets; his lawyer argues DeFi is not subject to existing criminal laws
- The SEC informed Uniswap it faces a lawsuit over securities charges; Uniswap founder Hayden Adams vows to fight charges
- Twitter users criticized the SEC for suing Uniswap instead of scam projects
- Hype building for Bitcoin Runes and associated meme coins like DOG and Pups
- Critics say Runes meme coins are useless but hype could mint new crypto millionaires