SEC sues UniSwap: an opportunity for DeFi?

[hugeblack]

I think now we do better understand why Satoshi remained hidden till today, if he his around today and know by the government officials, I'm very sure that SEC is going to open a file of him about what Bitcoin has did and not and jailed him but he decided to remain anonymous which is good for Bitcoin otherwise regulations of Bitcoin would have been in excess by now.

Yes, it seems that it is better for the developers of these currencies to remain in secret, especially if governments decide to become more strict, but let us see what will happen with Vitalik Buterin or any of the creators of cryptocurrencies.

[Rubel007]

The SEC's attitude toward cryptocurrencies has never been positive. Whenever any project make bullish in the market, this agency destroys its reputation by suing that project. However, the SEC could not find any evidence that would incriminate UNI swap Dex. But because of their lawsuits, a large portion must be spent fighting against the charge. To date the SEC has kept a few cases where they could not provide any evidence. Ripple will fail to prove whatever allegations they make against Binance and the same will be the case with UniSwap.

[Gladitorcomeback]

They aim to completely regulate the crypto space, and suing the centralized exchanges and crypto projects alone won't make that happen, so they are surely going to take further steps, and if I remember correctly, a few months back I read somewhere that they are aiming to start attacking decentralized platforms soon, so it wouldn't be surprising if they do so because they want regulation for all and decentralized platforms support decentralization which means no regulation for their customers.

Whether the case with UniSwap will be long or not, but if they start attacking decentralized platforms, they wouldn't stop just here, they will sue UniSwap and then they will start going to other platforms until it is done on all of them.

[[email protected]]

Hello, They aim to completely regulate the crypto space, and suing the centralized exchanges and crypto projects alone won't make that happen, so they are surely going to take further steps, and if I remember correctly, a few months back I read somewhere that they are aiming to start attacking decentralized platforms soon, I lost some bitcoin months ago and was quite unhappy about it until I was made aware of White Express Recovery company, who helped me recover it. Not all, but around 88% of it has been retrieved. If you have similar problems, you can contact them at whiteexpressrecovery . com

[KryptoBull]

The SEC's attitude toward cryptocurrencies has never been positive. Whenever any project make bullish in the market, this agency destroys its reputation by suing that project. However, the SEC could not find any evidence that would incriminate UNI swap Dex. But because of their lawsuits, a large portion must be spent fighting against the charge. To date the SEC has kept a few cases where they could not provide any evidence. Ripple will fail to prove whatever allegations they make against Binance and the same will be the case with UniSwap.

I am highly skeptical of the SEC's motives in suing UniSwap. Is it because the DeFi trend is growing so strongly and creating a DeFi summer similar to 2020? Does the SEC really want to protect investors in this market? Is the SEC being used by someone to stifle the growth of the crypto market? The SEC is attacking both CEXs and DEXs, I don't understand the SEC's purpose. I hope we will soon know the details of the lawsuit the SEC wants to bring, then pro-crypto lawyers will share their views and we will support UniSwap together.

Four years ago, we doubted the nature of XRP, but now we believe that UNI is not a security. CEXs are still holding UNI trading pairs, they have not delisted UNI, they are supporting UniSwap.

[akeemqaz]

When SEC sue anything, the value reduces. Although, it might be a good opportunity for DeFI as you've said but it will affect Defi at first. We all know what SEC suing causes although, Im able to get more UNI with my Meme coins pair on Bitget smart portfolio but I still don't see this SEC suing as a good one.