SEC Closes Case Against Uniswap: DeFi Wins, But Is the Market Timing Wrong?

SEC Closes Case Against Uniswap: DeFi Wins, But Is the Market Timing Wrong?

Under Gary Gensler’s leadership, crypto and DeFi protocols, including Uniswap (UNI), were heavily scrutinized. Centralized ramps and exchanges were hit first. Binance, Kraken, and Coinbase were sued for millions, sometimes billions of dollars. The United States Securities and Exchange Commission (SEC) alleged they enabled the trading of unregistered securities and, in some instances, facilitated money…

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