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mark mollé
@marmo
Shots fired between SEC and Uniswap. Uniswap forcefully sets forth its arguments in this blogpost. My one caveat with the language architecture: why position this as merely “fighting for DeFi,” when they could broaden the appeal by “Fighting for Your Digital Autonomy.” https://blog.uniswap.org/fighting-for-defi
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dawufi
@dawufi
IANAL, but my guess is decreasing scope of the argument makes it easier to win in court @nelsonmrosario - any thoughts?
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mark mollé
@marmo
Agree it’s a good idea to narrow the scope in a legal filing, but this is a blog post, where it’s important to connect with legislators and the general public. Non-DeFi folks aren’t moved by “fighting for DeFi” but they could be moved to fight for digital autonomy.
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dawufi
@dawufi
i hear ya but i wouldn't want that in the public domain for prosecutors to have at least from my extensive researching watching law & order lol
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mark mollé
@marmo
The key is having an understandable position to someone who doesn’t know what DeFi means. The SEC is arguing that it’s an unregistered securities exchange with no protections for investors. The key counter narrative is that it’s software that permits users to make autonomous choices about their own property.
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