Wells notices are preliminary warnings that inform respondents of the charges the regulator is considering bringing against them. They usually lead to enforcement actions. Though Adams did not say exactly what the SEC has accused Uniswap of doing in his X post, Wells notices sent to crypto companies have, historically, alleged the unregistered offer and sale of securities.
Related posts
-
US government wages full-out assault against non-custodial defi
Disclosure: The views and opinions expressed here belong solely to the author and do not represent... -
U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge
In a late Friday order, Judge Amy Berman Jackson, of the District Court for the District... -
21shares Files to Launch Solana ETF With SEC
21shares has filed a registration statement for a solana...