BROADCASTS.com

Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.\nOn Wednesday, the U.S. Securities and Exchange Commission (SEC) issued a Wells notice to Uniswap Labs, the team behind the prominent decentralized exchange (DEX) Uniswap, signaling a forthcoming enforcement action.\nAmanda Tuminelli, Chief Legal Officer at the DeFi Education Fund, joined Unchained to unpack what the case could mean for Uniswap and the overall decentralized finance (DeFi) industry.\nAmanda also talks about the DeFi Education Fund's recent lawsuit against the SEC over its airdrop policies and the industry\u2019s need for a proactive counteroffensive approach in dealing with the SEC.\nShow highlights:\n\nWhy Amanda thinks that the SEC is going to take a \u201ckitchen sink approach\u201d to their charges\n\nHow the SEC could make a case that some of the tokens traded via Uniswap are securities\n\nWhat the next steps are in the case, with a lawsuit possibly coming soon\n\nWhether there\u2019s an inconsistency between the SEC\u2019s position and Judge Failla\u2019s rejection of the motion to dismiss the Coinbase lawsuit\n\nHow the different components of Uniswap make it hard to prove that Uniswap Labs is responsible for everything that happens on the protocol\n\nWhy the DeFi Education Fund recently filed a lawsuit against the SEC\n\nWhy Amanda believes in a \u201cproactive counteroffensive strategy\u201d with the SEC\n\nHow Amanda would like legislation to be implemented in the U.S.\n\nWhy the Tornado Cash developers are not liable for the actions of third parties such as North Korean hackers, according to Amanda\n\nWhy Amanda thinks Uniswap will ultimately win against the SEC\n\nThank you to our sponsors!\n\niTrustCapital\n\nPolkadot\n\nGuest\n\n\nAmanda Tuminelli, Chief Legal Officer at DeFi Education Fund\n\n\nPrevious appearance on Unchained: Is This the End of DeFi? Why the US Government Is Going After Tornado Cash\n\n\n\nYou\u2019ve got a friend in me: How amicus briefs are helping the crypto industry win over the courts, Amanda\u2019s op-ed for Fortune\n\nLinks\nWells Notice\n\nUnchained: SEC Puts DeFi in Its Sights With Potential Uniswap Suit\n\n\nUnchained: UNI Drops 16% as SEC Targets Uniswap Labs\n\n\nUniswap Blog Post on the Wells notice\n\nMarvin Ammori Thread on Wells notice\n\nOther cases:\n\nFortune: Don't blame Uniswap for crypto scams, judge rules\u2014and she's right\n\n\nThe Block: Three crypto advocacy groups file amicus briefs in Tornado Cash developer Roman Storm's case\n\n\nThe DeFiant: SEC Faces Lawsuit Seeking To Exempt Airdrops From Securities Classification\n\n\nUnchained: Court Rejects Coinbase's Bid to Dismiss SEC Charges Against It\n\n\nSocial media commentary:\n\nPaul Grewal\u2019s tweet on the potential inconsistencies with the Coinbase case.\n\nGabriel Shapiro\u2019s tweet on how Uniswap AMM smart contracts are not run by the Uniswap company\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices