Uniswap founder accuses Citadel of lobbying the SEC to treat DeFi developers as centralized intermediaries

On December 4, Hayden Adams, the inventor of the Uniswap protocol and founder of Uniswap, criticized Citadel founder Ken Griffin, accusing him of attempting to target the DeFi industry through the SEC. Adams stated that Citadel has been lobbying regulators behind the scenes to regulate software developers of decentralized protocols as centralized intermediaries.

He sarcastically responded to Citadel's criticism that DeFi lacks "fair access," saying, "the king of traditional financial market makers doesn't like open-source, peer-to-peer technology lowering the barrier to liquidity provision."

[TechFlow]