Uniswap’s UNI Tumbles After SEC Issues Wells Notice, Legal Battle Looms

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. This notice is a harbinger of potential legal action and highlights the heightened scrutiny DeFi platforms face. Why the SEC Warned Uniswap of Legal Actions? Uniswap Labs, creator of the Uniswap protocol, now finds itself in the... source: https://beincrypto.com/will-sec-sue-uniswap/