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Uniswap Labs received a Wells Notice from the US Securities and Exchange Commission (SEC) today.
The Uniswap founder said that the battle will continue for years and may reach the Supreme Court.
The Wells Notice is not a formal charging document or regulatory enforcement. It's an early warning that the SEC will take enforcement action against suspicious projects. Ripple received a Wells Notice from the SEC in December 2020, which immediately led to its delisting from Coinbase. Wells' notice did not explain the specific reasons, requiring Uniswap Labs to fully prove its innocence.
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