The U.S. SEC drops investigation into Uniswap Labs

ChainCatcher news, according to WSJ, the U.S. SEC has dropped its investigation into the DeFi company Uniswap Labs. Earlier, the U.S. SEC issued a warning to Uniswap Labs in April last year, planning to take enforcement action against the company.

It is reported that the warning was issued in the form of a Wells Notice, which is sent by the U.S. Securities and Exchange Commission to a company before initiating formal litigation, providing the company with a final opportunity to rebut any charges. The specific nature of the SEC's allegations against Uniswap Labs is still unclear.