SEC’s decision to drop its Uniswap investigation reflects a broader shift in its approach to crypto enforcement under the leadership of Mark Uyeda, with recent closures against Robinhood, OpenSea, and Coinbase (pending approval)

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SEC’s decision to drop its Uniswap investigation reflects a broader shift in its approach to crypto enforcement under the leadership of Mark Uyeda, with recent closures against Robinhood, OpenSea, and Coinbase (pending approval)

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12:00am, Tuesday, February 25, 2025

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The recent about-face is the latest sign that the SEC, under the new stewardship of Acting Chairperson Mark T. Uyeda, is working to unravel the dozens of enforcement actions the agency has been building against the crypto industry under the previous Biden administration
Last week, crypto exchange Coinbase said the SEC dropped its lawsuit against the exchange while NFT marketplace OpenSea said the SEC ended its investigation after receiving a Wells Notice last year. On Monday, Robinhood said the SEC was closing its investigation into the crypto trading platform without enforcement action
The SEC’s decision to close its investigation into Uniswap Labs is the latest in a wave of similarly-dropped investigations into crypto companies, including Robinhood Crypto and non-fungible token marketplace OpenSea. The SEC has also agreed to drop its case against Coinbase, pending approval from the agency’s commissioners, according to the crypto exchange

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Crypto news

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