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Effective URL: https://watcher.guru/news/sec-files-lawsuit-against-uniswap?utm_source=alphapacked.io&utm_medium=newsletter&utm_campa...
Submission: On April 10 via manual from US — Scanned from DE
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MORE OPTIONSAGREE Ad Keine Registrierung, MetaMask-Einzahlungen und 25 % Cashback Kaufen Sie $TGC jetzt! * Home * Bitcoin * Ethereum * DeFi * Altcoins * BRICS * Bitcoin Halving * Guides * Home * Bitcoin * Ethereum * DeFi * Altcoins * BRICS * Bitcoin Halving * Guides dark HAND-PICKED TOP-READ STORIES RIPPLE (XRP) PRICE PREDICTION: MID-APRIL 2024 * XRP byVignesh Karunanidhi April 10, 2024 2 minute read HOW HIGH CAN DOGECOIN [DOGE] SURGE THIS WEEKEND? * Dogecoin bySahana Kiran April 10, 2024 2 minute read CRYPTOCURRENCY: TOP 3 ETHEREUM ERC20 COINS TO WATCH THIS WEEK * Altcoins * Ethereum byVignesh Karunanidhi April 10, 2024 2 minute read TRENDING TAGS * zuckerberg * ZOOT Token * ZOOT Coin * ZOOT * Zoo Token * ZOO * Zodia Custody * Zodia * zksync * zkEVM * General Crypto 2 minute read SEC FILES LAWSUIT AGAINST UNISWAP Joshua Ramos April 10, 2024 Source: uniswap.org The US Securities and Exchange Commission (SEC) has officially filed a lawsuit against the decentralized cryptocurrency exchange Uniswap. Indeed, the agency issued a Wells Notice to the company on Wednesday to notify the business of the impending legal action planned against it. In a response to the notice, Unisawp founder Hayden Adams said he was “not surprised, just disappointed” in a post to X (formerly Twitter). Moreover, Adams said that he was “ready to fight” while expressing his confidence in the legality of the DeFi platform, which has long been on the SEC’s radar. Also Read: Uniswap Price Rallies Past $10 as Bitcoin Minetrix ICO Exceeds Expectations SEC ISSUES WELLS NOTICE TO UNISWAP The digital asset market has continued its rather contentious relationship with the SEC into 2024. Although the agency did approve Spot Bitcoin ETFs into the new year, it did not do so willingly. Moreover, it has sought legal action to continue to assert regulatory clarity through enforcement. Now, the SEC has filed a lawsuit against the decentralized cryptocurrency exchange Uniswap. Specifically, the company’s founder had verified the legal action through a post confirming their reception of a Wells Notice. The process is typically issued to provide a chance for companies that seek to rebut accusations. However, this occurrence is likely a formality. Adams took to X to share his perspective while addressing the consistent actions taken by the SEC. Specifically, he noted that the agency has little interest in “working to create clear, informed rules” and instead goes after exchange platforms that operate in good faith, like Uniswap or Coinbase, “all while letting bad actors like FTX slip by.” Also Read: Ripple: Will the SEC’s $2 Billion Demand Trigger a Mass Exodus for XRP? Uniswap is the latest in a plethora of high-profile lawsuits from the SEC to cryptocurrency platforms. Indeed, the DeFi exchange joins Ripple Labs and Coinbase as some of the larger cases that are currently ongoing. Conversely, Adams stated that the case would “take years” and could be tried at the Supreme Court level. However, he also assured that “freedom is worth fighting for. I think DeFi is worth fighting for.” * sec * UniSwap Tweet Share Share Share Sponsored content Recommended by FEATURED ARTICLES * XRP RIPPLE (XRP) PRICE PREDICTION: MID-APRIL 2024 * Dogecoin HOW HIGH CAN DOGECOIN [DOGE] SURGE THIS WEEKEND? * Altcoins * Ethereum CRYPTOCURRENCY: TOP 3 ETHEREUM ERC20 COINS TO WATCH THIS WEEK * General Crypto SEC FILES LAWSUIT AGAINST UNISWAP * Bitcoin GOLD PRICE: HOW WILL IT REACT TO THE BITCOIN HALVING? Disclaimer: Our articles are NOT financial advice, we are not financial advisors. All investments are your own decisions. Please conduct your own research and seek advice from a licensed financial advisor. Watcher Guru © Copyright 2024 Watcher.Guru * Contact Us * Advertise * Terms of Use * Privacy Policy