Uniswap (UNI) Says “Ready To Fight” To SEC: Price Soars 20%

Uniswap (UNI) Says “Ready To Fight” To SEC: Price Soars 20%
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Uniswap (UNI) registered a sharp up move and escaped the key EMA’s mark.
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Buyers have gained momentum and are looking to surpass the $10 mark.
This week, UNI crypto regained bullish momentum and sharply soared over 45% and crossed the significant moving averages. Yesterday, Uniswap labs responded to the SEC, related to the Wells Notice. The firm claimed that the allegations were “weak and wrong” .
The SEC should not devote its taxpayer-funded resources to bringing a case against us,” said Uniswap. “But we’re prepared to fight.
After this clarification, the token price witnessed investor speculation and sharply exceeded gains with a spike in trading volume.
Today we responded to the SEC’s Wells notice
We believe DeFi is revolutionary and we’re going to fight to protect it
Summary of our response and the full 40 page document here:https://t.co/u4fEWHVMVu
— Uniswap Labs (@Uniswap) May 21, 2024
Source: Twitter
At press tim

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