Uniswap's Response to SEC Wells Notice: Defending Innovation and Financial Freedom

Uniswap's Response to SEC Wells Notice: Defending Innovation and Financial Freedom

Uniswap Labs responded to the SEC's Wells notice, defending open-source technology and challenging legal assertions against the Uniswap Protocol.

The Deets

  • Open Source Innovation: Uniswap advocates for embracing open-source technology to enhance outdated financial systems.
  • Uniswap Protocol: Autonomous software enabling secure, fee-less transactions directly between users.
  • SEC's Allegations: Claiming Uniswap Protocol as an unregistered securities exchange controlled by Uniswap Labs and the UNI token as an investment contract.

❗Why It Matters

Uniswap's defense represents a crucial stance in the intersection of open-source technology and regulatory scrutiny, with implications for the future of decentralized finance (DeFi) and innovation in financial markets.

🗨️ Platform Prose


We believe the SEC should embrace open source technology that improves on outdated commercial and financial systems, instead of attempting to litigate it out of existence.Uniswap

📈 By the Numbers

The Uniswap Protocol has facilitated $2 trillion in lifetime trading volume. 


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