Media reports SEC investigation into Uniswap Labs

Uniswap Labs, the company behind the largest decentralised platform Uniswap, has become the subject of an investigation by the U.S. Securities and Exchange Commission (SEC). The The Wall Street Journal reports, citing sources.

According to their sources, regulator officials are examining information about Uniswap and how investors interact with it. The outlet suggested that the inquiry is at an early stage and there are no charges yet.

A representative for Uniswap Labs told the WSJ that the company would provide information to the SEC that could assist the agency. The agency’s representatives declined to disclose details.

Earlier, SEC Chair Gary Gensler warned of tightening of DeFi regulation. He later stressed that the decentralised nature of projects does not provide immunity from the regulator’s oversight.

In August, the Commission entered into an agreement with analytics company AnChain.AI to monitor and regulate the decentralised finance sector.

In July, Uniswap Labs ceased exchanging 129 tokens in its interface amid evolving regulatory landscape.

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