🦄 #UNI collapsed 15% amid news of SEC investigation

Yesterday, the US stock exchange regulator sent #UniswapLabs a notice of planned legal action.

😠 So far, the project's lawyers are fighting back and saying they don't meet the criteria of an exchange and the #SEC has no authority to regulate decentralized financial products.

Interested in your opinion on the increased SEC activity recently. What do you think it's related to?

#News