SEC drops investigation into Uniswap Labs causing UNI to surge 5%

The US Securities and Exchange Commission (SEC) officially closed its investigation into Uniswap Labs without taking enforcement action, according to a Feb. 25 statement. The investigation, which began over three years ago, centered on allegations that Uniswap Labs operated as an unregistered broker, exchange, and clearing agency and issued an unregistered security.  Uniswap Labs characterized... source: https://cryptoslate.com/sec-drops-investigation-into-uniswap-labs-causing-uni-to-surge-5/