The United States Securities and Exchange Commission (SEC) has sent a Wells notice to Uniswap Labs, the company said Wednesday, warning the firm behind the Ethereum decentralized exchange (DEX) that it will face a lawsuit over securities charges.

On Wednesday, April 10, 2024, Uniswap Labs, responsible for the Ethereum decentralized exchange (DEX), disclosed receiving a Wells notice from the United States Securities and Exchange Commission (SEC). This notice forewarns of a forthcoming lawsuit concerning securities allegations.