Based upon Uniswap response to SEC enforcement notice it appears that SEC alleges that Uniswap's native Uni and liquidity provider LP tokens are securities

  • News event
  • Claim


Name

Based upon Uniswap response to SEC enforcement notice it appears that SEC alleges that Uniswap's native Uni and liquidity provider LP tokens are securities

Types

News event
Claim

Date

05

Month
/

21

Day
/

2024

Year

12

:

00

am

Quotes that support the claim

The SEC asserts that the Uniswap Protocol is an unregistered securities exchange controlled by Uniswap Labs, that the Uniswap interface is an unregistered securities broker-dealer, and that the UNI token is an investment contract.
Tuesday's filing shed additional light on the arguments the SEC appears poised to make in its yet-to-be-filed enforcement action against Uniswap Labs. The regulatory agency is targeting Uniswap's native UNI token as well as liquidity provider (LP) tokens
According to Uniswap Labs' Wells response, the SEC alleges LP tokens are investment contracts whose distribution violates securities law

Related news stories

DeFi exchange Uniswap responded to SEC enforcement (a.k.a Wells notice) notice for Operating as Unregistered Securities Broker and Unregistered Securities Exchange

Sources

The fight for DeFi continues
Uniswap Labs Urges SEC to Drop Pending Enforcement Action in Wells Response

Referenced by

According to Uniswap Labs' Wells response, the SEC alleges LP tokens are investment contracts whose distribution violates securities law

Crypto

Quote

DeFi exchange Uniswap responded to SEC enforcement (a.k.a Wells notice) notice for Operating as Unregistered Securities Broker and Unregistered Securities Exchange

Crypto

News story

The SEC asserts that the Uniswap Protocol is an unregistered securities exchange controlled by Uniswap Labs, that the Uniswap interface is an unregistered securities broker-dealer, and that the UNI token is an investment contract.

Crypto

Quote