The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to Uniswap Labs, the main developer behind one of the world's largest cryptocurrency exchanges, indicating the agency's intent to sue the leading DeFi platform for potentially offering unregistered securities or failing to register as a broker or exchange. This move, part of the SEC's broader war on crypto, has led to Uniswap's value dropping by 5% and its token $UNI falling over 7%. Uniswap CEO Hayden Adams responded to the SEC's notice, expressing disappointment but readiness to fight the charges. The crypto community has rallied in support of Uniswap, viewing the SEC's actions as an attack on the DeFi sector and the principles of decentralized finance. Despite the legal challenges, Uniswap Labs remains confident in the legality of its products and is prepared to defend its position.