UNI won dismissal with prejudice in SDNY. SEC classified it as digital commodity 15 days later. fee switches…

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@widerwil (DogenDiogenes)

UNI won dismissal with prejudice in SDNY. SEC classified it as digital commodity 15 days later. fee switches no longer trigger howey test. protocol generates $182m-$498m annualized fees with 11 employees. already burned $5.5m UNI since february. governance tokens just became revenue assets legally.