Daniel Kuhn is a deputy managing editor for Consensus Magazine. He owns minor amounts of BTC and ETH.
a Wells Notice indicating the U.S. Securities and Exchange Commission intends to sue. While the decentralized finance behemoth said it is “ready to fight” the SEC, indicating a willingness to go to court, the move does represent the latest front in the SEC’s yearslong battle with the crypto industry.
“Taking into account the SEC’s ongoing lawsuits against Coinbase and others as well as their complete unwillingness to provide clarity or a path to registration to those operating lawfully within the US, we can only conclude that this is the latest political effort to target even the best actors building technology on blockchains,” Uniswap said on a blog announcing the Wells Notice.
“The SEC is very imaginative in the ways that you can be violating their rules,” Bill Hughes, senior counsel and director of global regulatory matters at Consensys, told CoinDesk. Part of the issue, conceivably, is that Uniswap Labs runs the biggest portal onto the Uniswap protocol via. Another potential concern is the UNI governance token, launched to give users some control over protocol governance but could be twisted to look like a securities offering.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Judge dismisses suit by Musk's X against nonprofit researchers tracking hate speechA federal judge has dismissed a lawsuit by Elon Musk’s X Corp. against the non-profit Center for Countering Digital Hate, which has documented the increase in hate speech on the site since it was purchased by the Tesla owner
Read more »
Judge Tosses Musk’s Suit Against Anti-Extremism Watchdog That Reported Nazis on TwitterA judge tossed Elon Musk's Twitter lawsuit against a research group that reported Nazis on the site, ruling it was an attempt to punish free speech.
Read more »
Judge dismisses Elon Musk's suit against hate speech researchersThe billionaire sued the Center for Countering Digital Hate after the group published a series of reports detailing an uptick of hate speech on X, the platform formerly known as Twitter.
Read more »
Judge dismisses Elon Musk's suit against hate speech researchersThe billionaire sued the Center for Countering Digital Hate after the group published a series of reports detailing an uptick of hate speech on X, the platform formerly known as Twitter.
Read more »
Jury Orders $83.3 Million Judgement Against Trump in E. Jean Carroll Defamation SuitThis article was written by Common Dreams staff.
Read more »
Conservative and Libertarian Organizations Support DOJ's Antitrust Suit Against AppleA coalition of conservative and libertarian organizations express their support for the Justice Department's antitrust lawsuit against Apple, citing the company's exploitation of its dominance and economic ties with the Chinese Communist Party.
Read more »