The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to Uniswap Labs, the main developer behind one of the world's largest cryptocurrency exchanges, indicating the agency's intent to sue the leading DeFi platform for potentially offering unregistered securities or failing to register as a broker or exchange. This move, part of the SEC's broader war on crypto, has led to Uniswap's value dropping by 5% and its token $UNI falling over 7%. Uniswap CEO Hayden Adams responded to the SEC's notice, expressing disappointment but readiness to fight the charges. The crypto community has rallied in support of Uniswap, viewing the SEC's actions as an attack on the DeFi sector and the principles of decentralized finance. Despite the legal challenges, Uniswap Labs remains confident in the legality of its products and is prepared to defend its position.
.@Uniswap disclosed on Wednesday that it received a Wells notice from the @SECGov focused on Uniswap acting as an unregistered securities broker and unregistered securities exchange. https://t.co/B5km7fLmhe https://t.co/wmBKqxkzC4
NEWS: The SEC issued a Wells notice to the decentralized exchange @Uniswap. $UNI has dropped by 13.9% to $9.66 USD following the news. View price chart ➡️ https://t.co/mp3H45eKZJ https://t.co/Evuv4x0KsJ
Breaking: Uniswap Labs received a Wells Notice from the US SEC today. Uniswap founder Hayden Adams said the fight will last for years and may go all the way to the Supreme Court. UNI has fallen 13.4% in 24 hours and is now trading at $9.69. This may affect the development of the…
The impending Uniswap lawsuit comes at a time when the crypto industry has loudly complained the SEC has been operating in bad faith when it comes to the sector, https://t.co/paSYsfID41
🚨🇺🇸 US SEC sends lawsuit warning to decentralized crypto exchange Uniswap, issues Wells Notice
The firm behind decentralized crypto exchange Uniswap said on Wednesday that the U.S. Securities and Exchange Commission had notified the firm that it may soon face an enforcement case. https://t.co/1vOsifNnbb
I stand with Uniswap 🦄
UNISWAP CEO CONFIDENTLY RESPONDS TO SEC'S NOTICE OF INCOMING LAWSUIT - @haydenzadams took to twitter to announce that @uniswap had received a Wells Notice from the SEC earlier today, stating he was "not surprised. Just annoyed, disappointed, and ready to fight." - While he… https://t.co/ds6dxmoNgO https://t.co/DnVlAZanTR
SEC warns Uniswap Labs of potential enforcement action https://t.co/s7Q8tceylA https://t.co/Z6JfEXGU6B
We stand with you on this fight, Uniswap and DeFi is here to stay 🤝 https://t.co/yOrGT7VWk7
SEC notifies #Uniswap of its intention to sue the defi protocol 👩⚖️🙄 Another day another #SEC lawsuit 🤔 How do you think this one will end? 👇👇👇 https://t.co/GUaMIv4XLI https://t.co/5LCY5GqXQz
SEC Warns DeFi Firm Uniswap Labs of Potential Lawsuit
my opinion--don't overthink the Uniswap case probably SEC will win on securities issues with UNI and lose on Uniswap AMM being a securities exchange. . .
‘It might as well be us,’ Uniswap says after SEC slaps firm with Wells Notice https://t.co/Lg9kviXfwu
The SEC 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 https://t.co/QVo1gwYWT3 https://t.co/0BFbFVW25L
Crypto exchange Uniswap says it received SEC Wells notice, with charges imminent https://t.co/B7eQIS98bC
⚠️ SEC WARNS UNISWAP LABS OF POTENTIAL ENFORCEMENT ACTION Full Story → https://t.co/FbXFICtvuM 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… https://t.co/rVDeh6e41Q
Some thoughts on the SEC's Wells Notice to our portfolio company Uniswap Labs today https://t.co/KpUyjzzhz7
Uniswap has been fighting for the core principles of crypto since they launched. To me, they stand for the idea that immutable peer-to-peer financial technology is not only possible, but inevitable. That it can win. It’s unfortunate that the SEC is forcing them to take that… https://t.co/7MTpx24WMp
SEC sues Uniswap and market pumps. Poetic.
The following statement is attributed to @BlockchainAssn CEO @KMSmithDC on @Uniswap receiving a Wells Notice from the SEC: https://t.co/AetCieWewR
SEC Moves To Sue Uniswap in Bid To Hobble Fast-Growing DeFi Sector https://t.co/fWasclKFEh
This afternoon, the @SECGov issued a wells notice to @Uniswap. Stay up to date on this developing intel event ⬇️ https://t.co/CxMrST8PE3 https://t.co/mtUIl2gvaM
*SEC WARNS UNISWAP IT WILL BE SUED OVER BEING AN UNREGISTERED EXCHANGE: UNISWAP - THE BLOCK PRO
JUST IN 🚨: SEC planning enforcement action against crypto defi exchange Uniswap $UNI https://t.co/cMhgkr7bAZ
Uniswap Labs, the initial creator of the largest decentralized exchange on Ethereum, said the US Securities and Exchange Commission has warned the company of a potential enforcement action. https://t.co/LE4sSJ3ZS9
🚨 The SEC is going after @Uniswap with a Wells Notice In case it's not already obvious: Any crypto project that is US Domiciled or serves US investors will always be at risk We need to elect better politicians! https://t.co/BGI0bEFC5x
Defi exchange Uniswap has received a warning of an impending enforcement action enacted by the U.S. SEC https://t.co/oRZYv3Af41
Crypto industry reacts to SEC serving Uniswap with Wells Notice: ‘The war on DeFi has begun’ https://t.co/ynJin8RXyh
🚨 BREAKING: The US Securities and Exchange Commission (SEC) has taken action to file a lawsuit against @Uniswap (UNI) in order to hinder the rapidly growing DeFi sector. https://t.co/UYHFU8JFwf
The U.S. @SECGov has sent a Wells notice to @Uniswap, warning the decentralized exchange of potential future enforcement actions against it. @cheyenneligon reports https://t.co/xUhfRdJ6UH
The SEC just declared war on crypto. Uniswap is the LARGEST decentralized exchange (DEX) in existence. Has over $2 trillion in total volume since its launch in 2018. Ranked #1 in most metrics including over $6.1B in TVL. Today Uniswap Labs received a Wells Notice from the… https://t.co/D5G7EWUFD7
Leading decentralized exchange @Uniswap has received a Wells Notice from the SEC. "I’m not surprised. Just annoyed, disappointed, and ready to fight," says @haydenzadams Read more: https://t.co/jOHzAH9BzE
🚨 BREAKING: @SECGov issues Wells notice to @Uniswap. https://t.co/IZz7fHHsTL
SEC moves to sue Uniswap, per FORTUNE.
Not sure what I need to do to help defend Uniswap against the SEC. But I’m ready. Also it feels like the SEC is addicted to taking big fat Ls. There is no way they win if they take action.
BREAKING: UNISWAP'S $UNI DROPS OVER 7% AFTER NEWS OF IMPENDING SEC LAWSUIT
🚨 Uniswap has received a Wells notice from the SEC
The SEC is about to sue Uniswap https://t.co/DjEIJIxSm6
#Uniswap Labs Receives SEC Wells Notice, Founder Vows to Fight https://t.co/SGKs6JBWHR
But in all honesty @Uniswap is going to destroy the SEC in the courts. Once we get more regulatory clarity DeFi is gonna boom
BREAKING: SEC signals to Uniswap that a lawsuit is in their future
Uniswap receives SEC lawsuit warning https://t.co/m965w2Iwbx
Uniswap dividend governance token was low hanging fruit - @SECGov to file lawsuit against @Uniswap issuing a Wells Notice to the company. Note: this is merely a watchdog move aka barking dogs trying to get Ethereum defi into court - ultimately this was inevitable and will end…
BREAKING: The SEC has moved to sue Uniswap by issuing a Wells notice to the decentralized exchange
“F*ck it, let’s sue Uniswap and see what happens” https://t.co/X6qunqYV0m
Ethereum Giant Uniswap Is Getting Hit With an SEC Lawsuit, Company Warns ► https://t.co/9WLaSSyxKO https://t.co/9WLaSSyxKO
The SEC moves to sue Uniswap. Of course they’re going after it, everyone knows uniswap is one of the best things to happen to crypto.
NEW: $UNI DROPS OVER 7% - AFTER THE SEC DELIVERED A WELLS NOTICE TO @Uniswap LABS https://t.co/wBebjji8f0
"Announce the uniswap lawsuit" https://t.co/wk1wXnVpTT
Uniswap is one of the best things to happen to crypto. Of course the SEC is going after it.
SEC to file lawsuit against @Uniswap https://t.co/AAc0AW1G0I
BREAKING: Uniswap Labs just received a Wells Notice from the SEC. The SEC's war on crypto continues...
UPDATE: UNISWAP CEO @HAYDENZADAMS RESPONDS TO SEC INTENT TO SUE @UNISWAP AND SAYS "I'M NOT SURPRISED, JUST ANNOYED, DISAPPOINTED, AND READY TO FIGHT." https://t.co/wSFbdKS2mS
SEC suing Uniswap is just the beginning for defi unfortunately 🤷🏻♀️ Get prepared!
UNISWAP SEC LAWSUIT INCOMING! THEY WILL TRY TO KILL DEFI. BUT THEY CANT. INDUSTRY IS TOO FAR GONE. THEYD HAVE TO SHUT OFF THE INTERNET. EXCITED TO WATCH THIS PLAY OUT! https://t.co/i4e95T1Unl
Good luck winning a case against Uniswap, Gary lmao https://t.co/h6x31ZhcL8
🚨 BIG BREAKING 🚨 🇺🇸 SEC IS PLANNING TO SUE DEFI GIANT UNISWAP WHICH IS THE BIGGEST DECENTRALIZED DEX FOR TRADING CRYPTO. THIS IS WAR AGAINST FREEDOM. WE ALL SHOULD STAND TOGETHER AND SUPPORT CRYPTO FOUNDERS IN THIS FIGHT AGAINST GOVERNMENTS. https://t.co/H10xZyvwyI
Uniswap is a pioneer of decentralized finance. They represent all that exists today in DeFi. This will no doubt have a massive chilling effect across the entire industry, and we all stand with @Uniswap. https://t.co/WUuGnOEZIh
JUST IN: 🇺🇸 SEC to file lawsuit against Uniswap, issuing a Wells Notice to the company.
1/9 Unbelievable. Uniswap is 6 years old. For 6 years, the SEC has also failed to provide any guidance on the space, and now sends them a Wells Notice? Let's be really fucking clear on something here: https://t.co/RAnK4o0IBt
I think DeFi is worth fighting for 🦾 Sending the @Uniswap positive energy and support as the begin their fight for freedom. https://t.co/LIas6qGN3i
We stand with @Uniswap 🧊🤝 https://t.co/044JIrrMmJ
BREAKING: @haydenzadams SAYS THAT @Uniswap LABS HAS RECEIVED A WELLS NOTICE FROM THE SEC - CONDEMNS THE SEC FOR LETTING BAD ACTORS LIKE @FTX_Official SLIP BY, WHILST IT FOCUSES ON ATTACKING "LONG-TIME GOOD ACTORS LIKE @Uniswap AND @coinbase" https://t.co/b0MLRH06kl
The US SEC sends decentralized crypto exchange Uniswap a Wells notice warning that the agency intends to bring an enforcement action against the company (@jeffjohnroberts / Fortune) https://t.co/hMrpYZBXkT 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/hRPrwmkhDg
SEC VS. UNISWAP: DEFI GIANT FACES ENFORCEMENT ACTION - The SEC issued a Wells Notice to @Uniswap, indicating the agency's intent to sue the leading DeFi platform for potentially offering unregistered securities or failing to register as a broker or exchange. - The DeFi sector,… https://t.co/lbE11jJy0z https://t.co/F72BJUnzZ3
1/ Today’s Wells notice against @Uniswap is disappointing, but is not unexpected from this SEC It’s another abuse of power – unsurprising from an SEC that: Last month, a federal judge ruled committed a "gross abuse of power" by lying in court about a crypto project
Today Uniswap Labs received a Wells notice from the SEC And we're ready to fight This is the latest political effort to target even the best actors in crypto like Uniswap and Coinbase All Uniswap products and the Uniswap Protocol are unaffected https://t.co/i2p5LubELk
*SEC SENT UNISWAP A WELLS NOTICE, SAYS HAYDEN ADAMS - THE BLOCK PRO
This is the big one folks. Massive escalation by the SEC and whitehouse. Uniswap is a poster child for crypto decentralization - instead of celebrating @haydenzadams as a generational entrepreneur they're taking him to court. A war on crypto is a war on the internet. https://t.co/g7c7PIxaAK
BREAKING: SEC WARNS @uniswap THAT IT INTENDS TO BRING AN ENFORCEMENT ACTION AGAINST THE COMPANY - PER @FortuneMagazine https://t.co/Rsc9Gl5hON
Uniswap down 5% since this headline broke. SEC apparently moving to sue Uniswap https://t.co/Fneop2GsXd https://t.co/aWsA08EjY0
haydenzadams: " Today @Uniswap Labs received a Wells notice from the SEC. I’m not surprised. Just annoyed, disappointed, and ready to fight. I am confident that the products we offer a Source: Twitter | Coins: UNI https://t.co/GUmlWXl640
Today @Uniswap Labs received a Wells notice from the SEC. I’m not surprised. Just annoyed, disappointed, and ready to fight. I am confident that the products we offer are legal and that our work is on the right side of history. But it’s been clear for a while that rather than…
SEC sues Uniswap DeFi will be DOA in the USA if they lose https://t.co/FoYcjQ8LCG
SEC moves to sue Uniswap in bid to hobble fast-growing DeFi sector
BREAKING: The SEC is reportedly preparing to sue DeFi giant Uniswap Gary doesn't want DeFi to exist
🚨 BREAKING: The SEC warned #Uniswap that it intends to bring an enforcement action against the company.
🚨 SEC prepares to sue @Uniswap. This is a major escalation in Gensler's campaign against crypto. Case will be critical to the future of DeFi. Hard to predict outcome but Uniswap has some good law on its side https://t.co/aN1h9Fq2Dv https://t.co/7gtIVqZj9K
🚨BIG BREAKING The SEC plans to sue Uniswap, to slow down the growth of DeFi industry.
🚨BREAKING: SEC MOVES TO SUE @UNISWAP IN ATTEMPT TO CRIPPLE FAST GROWING DEFI INDUSTRY
JUST IN : THE SEC IS PLANNING TO SUE DEFI CRYPTO PLATFORM UNISWAP
SEC moves to sue Uniswap in bid to hobble fast-growing DeFi sector Source: Fortune | Coins: UNI
SEC moves to sue Uniswap in bid to hobble fast-growing DeFi sector The Securities and Exchange Commission warned Uniswap on Wednesday that it intends to bring an enforcement action against the company, which is the leading platform for decentralized finance or DeFi—a segment of…
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