Uniswap Labs Wins Class Action Lawsuit Over Scam Cryptocurrencies

Uniswap Labs and its founder, Hayden Adams, have emerged victorious in a class action lawsuit that accused them of being responsible for fraudulent cryptocurrencies traded on their platform. According to Cointelegraph, the legal battle, which spanned four years, concluded with a ruling from Manhattan federal judge Katherine Polk Failla. The judge dismissed the case against Uniswap with prejudice, indicating that the class group could not hold the platform accountable for the actions of unknown third-party token issuers. The lawsuit, initially filed in April 2022 by a group led by Nessa Risley, targeted Uniswap, Adams, and venture firms Paradigm, Andreessen Horowitz, and Union Square Ventures source: https://www.binance.com/en/square/post/297446675847778?utm_source=BinanceNewsRSS