DeFi
SEC Lawsuit Against Uniswap Is Opening Attack on DeFi
“The SEC is very imaginative in how you can violate its rules,” Bill Hughes, senior counsel and director of global regulatory issues at Consensys, told CoinDesk. It is conceivable that part of the problem is that Uniswap Labs runs the largest portal to the Uniswap protocol through uniswap.org. Another potential concern is the UNI governance token, launched to give users some control over the protocol’s governance, but which could be distorted to resemble a securities offering.