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Uniswap Receives SEC Notice of Enforcement Action for Alleged Unregistered Sale of Securities

Uniswap, a decentralized crypto exchange, has received a Wells notice from the SEC indicating that the regulator intends to pursue an enforcement action. While Uniswap CEO Hayden Adams did not disclose the specific charges, Wells notices sent to crypto companies have historically alleged the unregistered offer and sale of securities. Adams expressed frustration with the SEC's focus on attacking good actors like Uniswap and Coinbase, rather than creating clear rules. He also stated that Uniswap will fight the charges, which may take years and have implications for the future of financial technology.


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