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.

Read the full story at The Block.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CryptocurrencyNewsGlobalSECMarketsTrading Ideascontributors
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!