On Wednesday, April 10th, 2024, the U.S. Securities and Exchange Commission (SEC), led by Gary Gensler, issued a Wells Notice to Uniswap, signaling an imminent enforcement action. This development has ignited widespread discussions among experts and commentators about its implications for Uniswap and the decentralized finance (DeFi) sector at large. Securities law experts are advising Uniswap to 'prepare for war,' underscoring the gravity of the SEC's move, described by some as an 'anti-crypto' stance. The case has also raised questions about the SEC's consistency in policy enforcement and the potential legal jeopardy facing DeFi. Amid these discussions, Uniswap's CEO, Hayden Adams, has been actively sharing his perspective, as the crypto community watches the unfolding situation with keen interest.