The team at Uniswap Labs has announced that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the company. The regulator does not plan to file any charges.
In April, the SEC issued a Wells notice claiming that Uniswap Labs operated as an unregistered broker, operated an exchange, and issued an unregistered security
As of yesterday, that investigation has officially been closed, and the SEC is taking no enforcement action
This is a…
— Uniswap Labs ? (@Uniswap) February 25, 2025
In April 2024, the agency sent the platform a Wells notice. The SEC alleged that the DEX Uniswap was operating as an unregistered securities exchange and broker-dealer without a license.
In response, the company described the SEC’s legal reasoning as weak and expressed readiness for a legal battle.
“This is a huge achievement for DeFi. This outcome confirms that our technology complies with the law and that our work has long-term value,” commented Uniswap representatives on the case closure.
Earlier this month, the SEC concluded its pursuit of Robinhood and preliminarily halted legal proceedings against Coinbase.
The Commission, along with Binance, also requested the court to suspend proceedings initiated in June 2023.