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In a significant move, the CFTC issued Uniswap an order accusing the DEX of illegally offering leveraged or margined retail commodity transactions in digital assets via a decentralized digital asset trading protocol. The order requires Uniswap Labs to pay a $175,000 civil monetary penalty and to cease and desist from violating the Commodity Exchange Act [CEA…
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Uniswap in Hot Water: CFTC Orders $175k Penalty
In a significant move, the CFTC issued Uniswap an order accusing the DEX of illegally offering leveraged or margined retail commodity transactions in digital assets via a decentralized digital asset trading protocol. The order requires Uniswap Labs to pay a $175,000 civil monetary penalty and to cease and desist from violating the Commodity Exchange Act [CEA…