Odaily News Uniswap co-founder Hayden Adams responded to the SEC's abandonment of the investigation into Uniswap Labs: "Despite the SEC's lack of clear legal basis, they are still investigating us as part of their arbitrary enforcement strategy to try to fit DeFi into an unsuitable regulatory framework-while refusing to provide clear rules or compliance paths. The SEC's previous investigation lasted three years, wasted a lot of time and millions of dollars, and had a significant impact on the company.
I’m grateful that the new SEC leadership has taken a more constructive approach and look forward to working with Congress and regulators to help craft rules that truly make sense for DeFi.”