SEC 在最新执法行动中针对加密巨头 Uniswap

去中心化金融（DeFi）平台 Uniswap 正面临美国证券交易委员会（SEC）的审查，该委员会已发布 Wells 通知，表明即将采取执法行动。该通知是在对 Uniswap 的交易行为及其原生代币 UNI 的营销进行调查之后发出的。 Uniswap 创始人/首席执行官 Hayden Adams 对该平台产品的合法性表示信心，并计划对抗 SEC 的指控。行业观察人士推测，SEC 可能会辩称 Uniswap 的业务构成未注册的证券交易所，或者 UNI 符合未注册证券的定义。

SEC Targets Uniswap Amidst Crypto Enforcement Surge

SEC 在加密货币执法浪潮中瞄准 Uniswap

The United States Securities and Exchange Commission (SEC) has set its sights on Uniswap Labs, the decentralized exchange (DEX) giant, marking yet another escalation in its ongoing crackdown on the cryptocurrency industry.

美国证券交易委员会（SEC）将目光投向了去中心化交易所（DEX）巨头Uniswap Labs，这标志着其对加密货币行业的打击力度再次升级。

Wells Notice Triggers Alarm Bells

威尔斯通知敲响了警钟

On April 10th, Hayden Adams, founder and CEO of Uniswap, took to Twitter to announce that his company had received a Wells notice from the SEC. A Wells notice signifies the SEC's belief that it has concluded an investigation into an entity or individual and intends to pursue enforcement action. Uniswap has 30 days to respond to the notice and argue against such action.

4 月 10 日，Uniswap 创始人兼首席执行官 Hayden Adams 在 Twitter 上宣布，他的公司已收到 SEC 的 Wells 通知。 Wells 通知表明 SEC 相信其已结束对实体或个人的调查并打算采取执法行动。 Uniswap 有 30 天的时间对通知做出回应并反对此类行为。

Investigation Details Remain Scant

调查细节仍然很少

The exact details of the SEC's investigation remain unknown. However, reports indicate that the probe began in September 2021 and focused on the operations of the Uniswap DEX, including how users traded on the platform and how Uniswap marketed its services. The SEC's scrutiny has also extended to UNI, Uniswap's native token, which experienced a significant price drop following Adams' announcement.

SEC 调查的具体细节仍不清楚。然而，报道显示，调查于 2021 年 9 月开始，重点关注 Uniswap DEX 的运营，包括用户如何在该平台上进行交易以及 Uniswap 如何营销其服务。 SEC 的审查还扩展到 Uniswap 的原生代币 UNI，在 Adams 宣布这一消息后，UNI 的价格出现了大幅下跌。

Uniswap's Legal Counsel Voices Defiance

Uniswap 法律顾问表示反抗

In response to the Wells notice, Uniswap's chief legal officer, Marvin Ammori, condemned it as an "abuse of power" by the SEC. Ammori asserted that Uniswap was "prepared to fight against this abuse" and expressed confidence in its legal position.

针对 Wells 的通知，Uniswap 首席法律官 Marvin Ammori 谴责 SEC 的“滥用权力”。 Ammori 声称 Uniswap“已准备好打击这种滥用行为”，并对其法律立场表示信心。

Crypto Community Rallies Behind Uniswap

加密社区集会支持 Uniswap

The SEC's latest move against Uniswap has sparked widespread criticism within the cryptocurrency community. Coinbase's legal counsel, Paul Grewal, cited a recent federal court ruling that dismissed the SEC's assertion that Coinbase's Wallet application constituted a securities exchange. Other commentators suggested that the SEC would struggle to establish Uniswap as a security exchange, although it may have a stronger case against UNI.

SEC 针对 Uniswap 的最新举措引发了加密货币社区的广泛批评。 Coinbase 的法律顾问 Paul Grewal 引用了联邦法院最近的一项裁决，该裁决驳回了 SEC 关于 Coinbase 的钱包应用程序构成证券交易所的主张。其他评论员表示，SEC 将很难将 Uniswap 建立为证券交易所，尽管它可能对 UNI 有更强有力的理由。

SEC Accuses Crypto Firms of Noncompliance

SEC 指控加密货币公司违规

The Uniswap probe is part of a broader enforcement campaign by the SEC against the cryptocurrency sector. SEC Enforcement Director Gurbir Grewal has criticized the industry for "continued noncompliance," leading to elevated investor risks. These concerns include fraud, lack of transparency, and conflicts of interest.

Uniswap 调查是 SEC 针对加密货币行业更广泛执法行动的一部分。美国证券交易委员会执法总监 Gurbir Grewal 批评该行业“持续违规”，导致投资者风险上升。这些担忧包括欺诈、缺乏透明度和利益冲突。

Other Crypto Entities Under Scrutiny

其他受到审查的加密货币实体

Besides Uniswap, the SEC has filed enforcement actions against numerous other crypto-related entities in recent months:

除了 Uniswap 之外，美国证券交易委员会近几个月还对许多其他加密相关实体采取了执法行动：

• SEC v. Sun/Tron: Justin Sun, founder of the Tron blockchain, faces charges of selling and manipulating unregistered securities.
• SEC v. Heart/Hex: Richard Heart, creator of the Hex crypto project, is accused of offering unregistered securities and fraudulently misappropriating funds.
• SEC v. Kraken: The SEC alleges that the Kraken exchange facilitated the illegal trading of digital asset securities.

Kraken Rejects SEC's Allegations

SEC 诉 Sun/Tron：Tron 区块链创始人 Justin Sun 面临出售和操纵未注册证券的指控。 SEC 诉 Heart/Hex：Hex 加密项目的创建者 Richard Heart 被指控提供未注册证券并进行欺诈挪用资金。SEC 诉 Kraken：SEC 指控 Kraken 交易所为数字资产证券的非法交易提供便利。Kraken 拒绝 SEC 的指控

Kraken has filed a motion to dismiss the SEC's complaint, arguing that the tokens it sold did not meet the criteria for securities under the Howey test. The SEC has opposed this motion, maintaining that its allegations fall within well-established legal frameworks.

Kraken 已提出驳回 SEC 投诉的动议，称其出售的代币不符合 Howey 测试下的证券标准。美国证券交易委员会反对这一动议，坚称其指控符合完善的法律框架。

Conclusion

结论

The SEC's ongoing enforcement actions against prominent cryptocurrency companies are a clear indication of the agency's determination to regulate the burgeoning digital asset market. As the legal battles unfold, the outcome will have significant implications for the future of cryptocurrency trading and the industry's regulatory landscape.

美国证券交易委员会针对知名加密货币公司持续采取的执法行动清楚地表明了该机构监管新兴数字资产市场的决心。随着法律斗争的展开，结果将对加密货币交易的未来和行业的监管环境产生重大影响。