SEC plans to sue uniswap

Author: William M. Peaster, Bankless; Compilation: Tao Zhu, Bitchain Vision Realm

Today, the US Securities and Exchange Commission (SEC) issued a Wells notification to UNISWAP LABS, indicating that the federal regulatory agency plans to sue the pioneer behind DEFI’s most popular decentralized exchanges.

Imistwap and SEC for important attention points

  • UNISWAP insists that its DEFI resource kit “does not comply with the legal definition of stock exchanges or brokers.”

  • “This struggle will last for several years,” said Hayden Adams, “said Hayden Adams.”” “

  • Bottom line: Uniswap will not shrink, and its products will continue to be available during the end of the litigation.Although the SEC adopts a tough attitude, the team also plans to continue to deploy new tools.

Bankless said:

Gary Gensler’s US Securities and Exchange Commission (SEC) treats all tokens like securities, no matter how this position has been overthrown in the US court.This “Wells” is the latest signs of the current committee’s comprehensive attack on the Defi project on the grounds of maliciousness.

However, if anyone is ready to welcome the battle, it is the Uniswap team, and they will support a large group of supporters behind them from beginning to end.So be careful, because it can be said that the largest legal war in the history of cryptocurrencies is about to begin!

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