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Uniswap, a popular DeFi exchange, is all set to fight with SEC over the ongoing legal battle.
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The exchange responded to the SEC’s Wells notice.
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Uniswap’s chief Legal Officer, Marvin Ammori said that tokens are not securities.
Uniswap (UNI) a key player in the Decentralized Finance (DeFi) field is facing challenges from the Securities and Exchange Commission (SEC). Uniswap on May 21 responded to the SEC’s Wells notice stating that tokens are not securities.
Uniswap’s Response to Wells’s Notice
Uniswap Labs recently confronted the SEC regarding its looming enforcement actions. The exchange has submitted a 43-page long document that details the reasons why the SEC shouldn’t consider the token as securities.
On May 21, Marvin Ammori, the Chief Legal Officer at Uniswap shared the same over X.
Today, @Uniswap has submitted our response to the SEC Wells notice we received in April.
The Uniswap
We współpracy z: https://www.thecoinrepublic.com/2024/05/27/uniswap-challenged-sec-over-decentralized-exchange-what-next/
