SEC Files Notice Of Intent To Sue Uniswap Labs
Uniswap Labs said it is “ready to fight” the SEC, and believes its actions and protocol are in total compliance with the law.
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Uniswap Labs said it is “ready to fight” the SEC, and believes its actions and protocol are in total compliance with the law.
Uniswap Labs fights back after SEC's Wells notice, with founder Hayden Adams stressing the legality of their DeFi services.
The cryptocurrency industry faces a pivotal moment as Uniswap Labs receives a Wells Notice from the U.S. Securities and Exchange Commission (SEC). This development suggests a potential lawsuit on the horizon, and the crypto community views this action as a significant challenge.
In a significant development, Uniswap - one of the world's leading DeFi protocols, has received an enforcement notice from the U.S. Securities and Exchange Commission (SEC).
The U.S. Securities and Exchange Commission has notified of potential enforcement action against Uniswap Labs, the main developer behind one of the world's largest cryptocurrency exchanges, the company said in a blog post on Wednesday.
Hayden Adams, founder of decentralized exchange Uniswap (CRYPTO: UNI), revealed on Wednesday that the exchange has been served a Wells notice by the Securities and Exchange Commission (SEC). What Happened: He vowed to fight against the financial watchdog, asserting that instead of protecting investors, the commission was letting bad actors slip by.
UNI's price has dropped by more than 9% in the past hour.
Defi exchange Uniswap has received a warning of an impending enforcement action enacted by the U.S. SEC.
The US SEC has issued a Wells notice to Uniswap Labs, the entity behind the Ethereum-based decentralized exchange, Uniswap. The notice signals the SEC's plan to bring a lawsuit against the company for issues related to securities laws.
Decentralized cryptocurrency exchange, Uniswap has received a Wells Notice from the United States Securities and Exchange Commission (SEC). The company received the notice on Wednesday which serves as an intention for an enforcement action against a company before the actual lawsuit.
The crypto industry took aim at the SEC's decision to target Uniswap Labs, arguing that decentralized finance is "worth fighting for."
The U.S. SEC issued a Wells notice to the decentralized exchange Uniswap on April 10, the team confirmed on social media.
The SEC warns Uniswap of impending enforcement action, sparking defiance from CEO Hayden Adams.
The United States Securities and Exchanges Commission (SEC) has reportedly started to set the base
Decentralized crypto exchange Uniswap received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday.
In a significant development that highlights the Securities and Exchange Commission's (SEC) increasing regulatory actions against the cryptocurrency industry, Uniswap Labs, the software development company behind the Uniswap decentralized exchange (DEX), recently received a Wells Notice from the SEC.
The US Securities and Exchange Commission on Wednesday sent a Wells notice, which typically precedes an enforcement action, to decentralized finance platform Uniswap, CEO Hayden Adams said.
Uniswap received a Wells Notice, or formal notice of a potential lawsuit, from the SEC on Wednesday.
In a recent social media post, Hayden Adams, the founder of Uniswap Labs, announced that the company has received a Wells notice from the Securities and Exchange Commission (SEC), expressing his disappointment and determination to contest the notice.
Uniswap founder Hayden Adams said Wednesday that the SEC has sent a Wells notice to Uniswap Labs, suggesting enforcement will follow.
Uniswap faced a significant setback as its token, UNI, plummeted by over 5% minutes after reports of it receiving a Wells Notice from the SEC.
According to a recent report by Fortune, the U.S. Securities and Exchange Commission (SEC) has informed leading decentralized exchange Uniswap about an upcoming enforcement action.
Binance has announced the delisting of several trading pairs in its spot market. Effective April 12, 2024, Binance will remove the BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB trading pairs.
The world's largest crypto exchange Binance on Friday said it is delisting some crypto trading pairs from Binance Spot. Binance is delisting some key cryptocurrencies including Uniswap (UNI), Optimism (OP), and BakeryToken (BAKE).