UniSwap CEO Backs Kamala Harris Amidst Legal Struggles Under Current Administration
The CEO of UniSwap crypto exchange is openly supporting Kamala Harris, but it is unfortunate that Harris is backed by the political party under which the American securities regulatory body, SEC, sent Wells notice to UniSwap Labs.
UniSwap is a top-ranked DeFi crypto exchange. This exchange is available on Ethereum Mainnet, Base, Polygon, Arbitrum, Zora, Avalanche, Optimism, Blast, ZKsync, Celo, and Binance Smart Chain.
UniSwap vs SEC
Just a few months ago, the United States Securities and Exchange Commission (SEC) initiated legal action against UniSwap exchange over providing unregistered securities offerings.
In mid-May of this year, the UniSwap team urged the SEC to drop all enforcement actions, but the SEC remains confident and determined to move forward with the legal fight in court.
The past and current legal troubles for the UniSwap crypto exchange clearly show that unclear crypto rules and laws are responsible for these problems. Basically, it was the duty of the current ruling political party to introduce crypto-focused rules and laws to ensure that crypto companies run their businesses under full compliance. Alternatively, we can say that the current ruling party failed to do any better work for the crypto sector, and this is why UniSwap is facing trouble.
Kamala Harris & Crypto Support
As we reported yesterday, the Democratic leader and current Vice President of the USA publicly talked about the adoption of digital assets, Artificial Intelligence (AI), and blockchain technology in order to secure vote support from crypto enthusiasts.
UniSwap CEO Supports Kamala Harris
In response to Harris’s statement about crypto adoption, UniSwap CEO Hayden Adams shared his happiness and called it a positive thing for crypto adoption in the US jurisdiction.
Alternatively, we can say that the UniSwap leader is supporting crypto-hater Harris.
UniSwap CEO Faces Criticism
A crypto X user noted that the UniSwap leader supports crypto-hater political leaders, despite facing legal hurdles because of that politician indirectly. That X user criticised him indirectly with the help of a four-word line.
