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U.S. SEC investigates crypto exchange developer Uniswap Labs - WSJ

Reuters2021-09-03

Sept 3 (Reuters) - The U.S. Securities and Exchange Commission $(SEC.UK)$ is investigating Uniswap Labs, the main developer behind one of the world's largest cryptocurrency exchanges, the Wall Street Journal reported on Friday citing people familiar with the matter.

Enforcement attorneys are looking for more information on how investors use Uniswap and the manner in which it is marketed, the report said.

SEC's probe into Uniswap comes amid heightened regulatory interest into cryptocurrencies and the digital asset market, with Chair Gary Gensler calling on Congress last month

to give the agency more authority to better police crypto trading and lending.

Uniswap is a crypto marketplace for decentralized finance or DeFi developers, traders and liquidity providers.

Uniswap did not immediately reply to a Reuters request for comment.

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  • Funkybell
    ·2021-09-04
    Hello 
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  • kelvin97
    ·2021-09-03
    Hi
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    ·2021-09-03
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