Despite challenges, UNI saw a modest 0.37% increase in the last 24 hours, hinting at a potential bullish recovery.
As the cryptocurrency market experiences a positive surge post-halving, all eyes are once again on the Wells notice issued by the SEC toWhat’s interesting here is that this isn’t the first time the SEC has scrutinized crypto firms. In response, Uniswap has chosen to follow in the footsteps of Coinbase andApplauding Uniswap’s articulate defence, Robert Leshner, founder and CEO of Compound said,
“I feel like they are ready and willing to champion and fight to the death on a case that they have an extremely good shot at winning.”“It really feels like a huge huge miscalculation in choosing Uniswap as a defendant here.” Despite the legal challenges, investors maintain optimism for Uniswap, reflected in Santiment data showing a surge in development activity over six months, suggesting positive growth.Additionally, challenging the SEC’s approach to regulating crypto platforms, U.S. District Judge Robert Shelby made a notable move by sanctioning the SEC in a lawsuit related to the DEBT Box.“I feel like at this point most of what the SEC is doing when it comes to crypto is about defining their political perimeter.
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