After Start of SEC's 'War on DeFi' UNI and Others Struggle to Recover

It has now been over a month since it was revealed that Uniswap Labs UNI/USD had received a Wells Notice, indicating the U.S. Securities and Exchange Commission intends to bring charges against the developers of the largest decentralized exchange. Many people considered this the true start to the "war on DeFi" since it's the first case being brought against a major DeFi platform. While it's no secret the SEC has an unfavorable view of crypto, its previous big-name targets have typically been centralized entities.

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