Source: Coindesk.com
Decentralized crypto exchange Uniswap received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday.
Uniswap's native token, UNI, dropped 9.5% immediately after the news.
Uniswap CEO Hayden Adams announced the receipt of the so-called Wells notice on X, saying
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Source: Coindesk.com