Uniswap (COIN: $UNI) Token Plummets 29.2%+ in 3 Days After SEC Enforcement Notice

Uniswap (Coin: $UNI) is a decentralized trading protocol popular for its facilitation of automated trading of crypto tokens using smart contracts. It is a platform where developers, traders, and liquidity providers participate in exchanging tokens without third parties.

On the evening of April 10, 2024, Uniswap Labs, which created the original Uniswap protocol, announced that the SEC had sent them a Wells Notice, notifying them of potential enforcement measures.