Uniswap Labs has received a warning that federal regulators will bring a lawsuit against it, the protocol's founder said Wednesday on X.  

The Securities and Exchange Commission sent Uniswap Labs, the organization that developed the eponymous decentralized finance (DeFi) protocol, a Wells Notice on Wednesday. A Wells Notice is a formal notice that the SEC intends to bring charges against a respondent. The move comes amid a broader regulatory crackdown on DeFi, viewed by some as the unruly sector of an industry the SEC chairman once referred to as the "Wild West." 

“It’s been clear for a while that rather than working to create clear, informed rules, the SEC has decided to focus on attacking long-time good actors like Uniswap and Coinbase,” Uniswap founder Hayden Adams …