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coinpedia 2024-04-11 05:49:16

UNI Token Price Crashes: SEC Targets Uniswap Labs, Sparking Massive Sell-Off

The post UNI Token Price Crashes: SEC Targets Uniswap Labs, Sparking Massive Sell-Off appeared first on Coinpedia Fintech News Uniswap Labs, the creator of Uniswap decentralized exchange (DEX), received a Wells notice from the SEC, signaling potential legal action. UNI fell 10% from $11.21 to $10 after Uniswap disclosed receiving a Wells notice from the SEC. It’s now trading at $9.66, the lowest since late February. Despite the setback, Uniswap Labs vows to contest …

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