The SEC has become interested in many cryptocurrency projects lately. Some, like Tron, have been embroiled in legal battles for over a year. Others, like Uniswap, have received formal notices. This article explores these developments and the potential effects on their price trajectories.
However, our focus is on Pushd and the huge interest of Tron and Uniswap investors in its remarkable presale.
SEC updates Tron founder’s lawsuit, claiming jurisdiction
Launched in 2017, Tron is a decentralized operating system. It aims to create an environment where developers can build alternative apps to centralized platforms and connect content creators directly with their audience. Justin Sun founded Tron and initially served as its CEO. When he stepped down in 2021, Tron was restructured as a DAO and managed by the TRON Foundation.
In 2023, the SEC charged Justin Sun, the TRON Foundation, the BitTorrent Foundation, and Rainberry Inc. with fraud and other securities law violations. These charges include the sale of unregistered crypto asset securities, manipulation of the secondary market, and extensive wash trading. After more than a year, the SEC updated the lawsuit and reiterated its jurisdiction over Justin Sun due to his prolonged stay in the United States.
Justin Sun has refuted the SEC claims on behalf of himself and these companies.
Uniswap is formally notified by SEC as price plummets
Uniswap is an automated market maker (AMM) and is famous for its facilitation of automated trading of decentralized finance (DeFi) tokens. Its protocol incentivizes activity by limiting risks and reducing costs. Uniswap launched in 2018 and is now worth $5B, the 23rd most valuable cryptocurrency by market capitalization. It is one of the most popular providers of liquidity in the crypto market.
The SEC is also investigating Uniswap and sent a formal Wells notice earlier this month. Bear market conditions caused the token’s price to plummet last week. Nevertheless, the Bitcoin halving event presents an opportunity for the market to fully recover. Notably, Bitcoin’s price is already stabilizing, and the positive effects will soon start to transfer into altcoins like Uniswap.
At any rate, exciting times await for Uniswap in Q2.
Pushd possesses a first-mover advantage in the $6T e-commerce sector
Tron and Uniswap investors are betting on Pushd’s presale to protect their portfolio and produce significant returns in Q2.
Pushd is the world’s first blockchain marketplace. This gives it a first-mover advantage in the global e-commerce sector, currently worth $6T. Only a name and an email address are needed to sign up for an account.
Pushd records all transactions after completion securely and distributes tokens from the buyer’s account to the seller’s. It has lower fees compared to traditional platforms like Amazon and eBay and lucrative reward programs for active users.
Investors excited by Pushd should join the ongoing presale. It is currently in stage 6 and priced at only $0.144. Only one stage is left after this, so investors should grab positions quickly.
Pushd offers investors significant returns due to its early nature and rare market fit. Find out more about the presale through this website.
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