After about 10 months of investigation, the investigation is completed... Uniswap "Victory of DeFi"
The market "SEC dismisses multiple lawsuits under new leadership"
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Uniswap Labs explained on its official X account on the 26th that the SEC has ceased its investigation into Uniswap and has not expressed any intention to take enforcement action. The SEC had previously sent a Wells Notice to Uniswap Labs last April under the leadership of former Chairman Gary Gensler, warning of potential securities law violations.
Uniswap Labs stated that "the SEC's decision to end the investigation is a major victory for DeFi and confirms what we already knew - that the technology we create complies with the law and is on the right side of history."
The SEC's decision to end the investigation into Uniswap Labs signifies a shift in the SEC's approach under the new administration.
Following the change in administration, the SEC has replaced its chairman and recently launched a task force team that has been holding frequent meetings with major cryptocurrency companies in the U.S.
Experts anticipate that based on the SEC task force's activities, many of the lawsuits initiated by the previous SEC leadership against cryptocurrency companies are likely to be dismissed. Specific examples cited by experts include the SEC's withdrawal of the lawsuit against Coinbase and the 60-day extension of the lawsuit against Binance, as well as the SEC's termination of investigations into Robinhood and OpenSea.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
