Uniswap received a notification from the US SEC Wells, and founder Adams issued a statement stating that he will fight to the end

Odaily News Uniswap founder Hayden Adams said on the I believe that what we offer is legal and that what we do is historically correct. But it is clear that the SEC has not worked hard to establish clear and sensible rules for so long, and instead decided to focus on attacking the likes of Uniswap and Coinbase. Builders for the long term. Meanwhile, bad actors like FTX get away with it. When I originally set out to create Uniswap, the goal was not to reinvent finance. It was a fully decentralized, fully automated on-chain market experiment. I don’t Not knowing if it would be successful or if anyone would use it. Today, the Uniswap protocol handles over $2 trillion in transaction volume. Many teams and developers have forked our code or built on it. We Building a new financial infrastructure that is transparent, fair, secure, and accessible to power the entire industry. The Uniswap team also does all this work from our offices in New York City, USA. People often ask me why we stay in the United States , my answer is simple: I believe blockchain is a very powerful technology. Just like the Internet, it is here to stay. So someone needs to solve this problem, and that person may be us. When you develop You don’t need to hide when you have technology that can improve people’s lives. The SEC’s mission is to “protect investors, maintain fair, orderly, and efficient markets, and promote capital formation.” This is a noble mission. I think Uniswap is here today We are doing a much better job than the SEC. Yes, I am disappointed because the SEC seems more concerned with protecting an opaque system than protecting consumers. We have to fight U.S. government agencies to protect our companies and industries. This fight will last for years, possibly all the way to the Supreme Court, and the future of fintech and our industry is at stake. If we stand together, we can win. I think freedom is worth fighting for. I think DeFi is worth fighting for too We strive for it. Of course, we will not stop operations.”