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Uniswap's co-founder responds to the SEC's abandonment of the investigation into Uniswap: It took three years and wasted a lot of time and millions of dollars, thanks to the new leadership of the SEC.
Odaily Planet Daily News Uniswap co-founder Hayden Adams responds to SEC's dropping of investigation into Uniswap Labs: "Despite the lack of clear legal basis, SEC still investigated us as part of their arbitrary enforcement strategy, attempting to fit Decentralized Finance into an unsuitable regulatory framework - while refusing to provide clear rules or Compliance pathways. The previous investigation by the SEC lasted for three years, wasting a significant amount of time and millions of dollars, and had a significant impact on the company. We are very grateful that the new SEC leadership has taken a more constructive attitude and look forward to working with Congress and regulatory agencies to help formulate rules that are truly meaningful for Decentralized Finance.