Decentralized exchange Uniswap references the victory secured by Ripple in the SEC case to challenge the agency’s litigation intent. Uniswap has responded to the SEC’s Wells Notice with a firm stance, citing Ripple’s legal triumph. In July 2023, Ripple secured a partial victory when Judge Analisa Torres ruled that XRP is not a security on its own. This landmark decision has become a beacon for other crypto entities facing regulatory scrutiny. Uniswap’s retort to the SEC’s allegations was that the decentralized finance (DeFi) sector should be nurtured, not stifled by litigation. In a blog post Tuesday, they argue that the Uniswap protocol, which facilitates peer-to-peer transactions without intermediaries, aligns with the SEC’s own mission to protect investors and ensure market integrity.