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.

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Decentralized crypto exchange Uniswap received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday.

The US Securities and Exchange Commission on Wednesday sent a Wells notice, which typically precedes an enforcement action, to decentralized finance platform Uniswap, CEO Hayden Adams said.

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.

The United States Securities and Exchange Commission (SEC) has issued a Wells notice to the decentralized exchange Uniswap.

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SEC issues Wells Notice to Uniswap Labs, signaling a likely forthcoming enforcement action