The Wall Street Journal reports SEC is investigating UniSwap Labs and according to sources familiar with the matter, the regulator is seeking information relating to how investors use the UniSwap platform, and how it is marketed.
At this time, this story is developing, and no confirmation has been made by the SEC, with the agency saying it doesn’t confirm or deny any reports of the investigation.
SEC Investigating UniSwap the latest probe into digital assets
UniSwap labs is the largest decentralized crypto exchange in the world, and news of the SEC investigating UniSwap is just the latest in a string of probes by the regulator into the world of digital assets. As we have reported previously, the SEC is currently engaged in a huge and messy lawsuit against Ripple Labs, which it claims sold XRP as an unregistered security.
Meanwhile, UniSwap told the WSJ that it was complying with laws and regulations, and said it would provide any information required.
“[UniSwap Labs is] committed to complying with the laws and regulations governing our industry and to providing information to regulators that will assist them with any inquiry.”UniSwap spokesperson
We will continue to update this story as it unfolds.