Uniswap Cleared in Lawsuit as Ether Receives Unexpected Boon
Uniswap's Victory in the class action lawsuit reshapes the direction of future cases in the cryptocurrency industry.
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Uniswap's Victory in the class action lawsuit reshapes the direction of future cases in the cryptocurrency industry.
A New York judge declined to "stretch the federal securities laws to cover the conduct alleged" in a proposed class action complaint seeking to hold Uniswap accountable for "scam tokens" issued on the protocol.
In a landmark legal decision, the Southern District Court of New York (SDNY) dismissed a class action lawsuit against the pioneering decentralized exchange, Uniswap.
SDNY Judge Katherine Polk Failla ruled that the “self-driving” software Uniswap was not responsible for losses users suffered due to scams and ponzis. Judge Failla who threw out the lawsuit against Uniswap, Paradigm et al also presides over SEC vs.
Uniswap founder Hayden Adams hailed the court's comments as "based" after a lawsuit alleging liability for scam token sales was dismissed.
U.S. District Court Judge Katherine Polk Failla dismissed a class-action lawsuit against Uniswap while referring to ETH and BTC as "crypto commodities."
A U.S. district court on Wednesday dismissed charges against a group of five firms for alleged securities violations on the Uniswap DeFi platform.
Judge Katherine is also the Judge overseeing the United States Securities and Exchange Lawsuit against Coinbase.
The crypto industry is on a roll at the moment as another court victory has been notched up this week in a class action lawsuit against Uniswap.
A U.S. District Judge has thrown out a class-action lawsuit targeting Uniswap, ruling that the decentralized finance (DeFi) platform bears no responsibility for scam tokens traded on its exchange.
In a new court ruling, a federal judge has dismissed a class action lawsuit filed against leading decentralized cryptocurrency exchange Uniswap. The judge's opinion underscores the difficulties of regulating decentralized finance (DeFi) protocols. Mike Wawszczak, a Twitter user, highlighted select passages from the ruling on Twitter this week.
The plaintiffs sued Uniswap after falling victim to a scam. Judge Failla is also hearing the case between the SEC and Coinbase.
A New York district judge ruled in favor of Uniswap that the network couldn't be considered responsible for the bad actors active on the network. However, market conditions failed to garner demand for UNI.
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A United States District judge has rejected a lawsuit brought forth by a group of investors against Uniswap. The group blames Uniswap for their losses because the scam tokens they bought were on Uniswap's platform.
United States District Court Judge Katherine Polk Failla is also the judge overseeing the SEC's lawsuit against crypto exchange Coinbase.
A judge for the United States District Court of Southern New York dismissed a class action suit against Uniswap in a filing dated Aug. 30.
A US District Court dismissed a class action lawsuit against Uniswap, citing insufficient factual evidence and regulatory ambiguities
A federal judge in New York has dismissed a class-action lawsuit against Uniswap, ruling that the decentralized exchange was not liable for fraudulent token sales conducted on its platform. The decision has far-reaching implications for the DeFi sector and the application of existing securities laws.
The lawsuit's judge compared claims to going after Venmo or Zelle for a drug deal that occurred on the payment platform.
A judge for the Southern District of New York has tossed a lawsuit against decentralized crypto exchange (DEX) Uniswap. The lawsuit alleged that Uniswap enabled the trading of “scam tokens” that ultimately caused damages to unsuspecting investors.
The judge showed rare understanding of DeFi technology and stated the defendants would do better to address their complaints to Congress.
A class action complaint against Uniswap was tossed on Tuesday, Aug. 29 after the judge found that some of the claims were “devoid of factual support.”
In a landmark decision, Uniswap (CRYPTO: UNI), a leading decentralized finance (DeFi) platform, emerged victorious Wednesday in a legal battle in the United States District Court for the Southern District of New York. The case revolved around allegations that Uniswap violated certain provisions of the Securities Act.