Uniswap co-founder responds to SEC dropping investigation into Uniswap: It took three years, wasted a lot of time and millions of dollars, thanks to the new SEC leadership

ChainCatcher news, Uniswap co-founder Hayden Adams responds to the SEC dropping the investigation into Uniswap Labs: "Although the SEC has no clear legal basis, they are still investigating us as part of their arbitrary enforcement strategy, attempting to fit DeFi into an unsuitable regulatory framework—while refusing to provide clear rules or compliance pathways. The SEC's previous investigation lasted three years, wasting a significant amount of time and millions of dollars, causing a major impact on the company. I am grateful that the new SEC leadership has taken a more constructive approach and look forward to working with Congress and regulators to help establish truly meaningful rules for DeFi."

Previous report, the SEC drops the investigation into Uniswap Labs.