TechFlow News — Uniswap founder Hayden Adams announced that Uniswap Labs has received a Wells Notice from the SEC, expressing frustration and disappointment over the development.
He maintains that the products offered by Uniswap are legal, criticizing the SEC for lacking clear regulations while choosing to target long-term builders. Adams emphasized Uniswap's success and its contributions to financial infrastructure, noting their presence with an office in the United States. He believes blockchain technology holds immense potential and should not have to operate in secrecy. However, he criticized the SEC for prioritizing the protection of opaque systems over consumers, stating that the fight against such government agencies is necessary. He affirmed his commitment to continue the battle, firmly believing that freedom and DeFi are worth fighting for.
