Summary
TLDR: Uniswap receives Wells notice from SEC, plans to fight enforcement all the way to Supreme Court. Allegations unclear but likely involve operating as unregistered exchange. Uniswap claims UNI token is not a security. SEC lawsuit timing similar to Coinbase case. Uniswap likely rejected settlement agreement. KODAKCoin ahead of its time. Bitcoin mining sector preparing for halving, Auradine raises $80 million. Industry becoming more complex and fast-paced. Subscribe to Empire newsletter for daily updates.
Key Points
1. Uniswap was served a Wells notice by the SEC, indicating a potential enforcement action.
2. Uniswap plans to fight the SEC all the way to the Supreme Court if necessary.
3. The specific charges against Uniswap by the SEC are unclear, but it likely involves allegations of operating as an unregistered exchange and brokerage, similar to cases against Coinbase and Binance.