Regulatory Heat: New SEC Targets in DeFi?

Heads up - internal chatter suggests the SEC is prepping a new wave of Wells notices targeting decentralized exchange front-ends. The Uniswap situation was just the start. Word is they’re looking at 'middleware' compliance now. If you're deep in specific DEX plays, make sure you've got your exit liquidity mapped out. This could get bumpy for the UI layers by the weekend.