Uniswap Wins Securities Lawsuit, Positive Hope For Investors?

Uniswap Wins Securities Lawsuit, Positive Hope For Investors?

1
Uniswap price (UNI) is up by 0.84% in the last 24 hours and is currently trading at $25.02.
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Uniswap (UNI) has won a Scam token lawsuit alleged to be liable for third-party misusing the protocol. 
Yesterday, the Southern District Court of New York (SDNY) dismissed a class action lawsuit against Uniswap (UNI), a leading decentralized exchange. Uniswap was dragged into the lawsuit as some third party misused the protocols by listing some scam tokens. 
The whole case started when a North Carolina investor sued Uniswap for selling unregistered securities and not registering as an exchange or broker-dealer. She lost $10,000 buying fake tokens like BoomBaby, Rocket Bunny, Matrix Samurai, etc.
However, Uniswap (UNI) is a decentralized protocol that allows automated and open trading of DeFi tokens. It is an AMM that launched in 2018 and became popular in 2020 due to the DeFi boom. Uniswap improves trading efficiency compared to traditional exchanges.
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We współpracy z: https://www.thecoinrepublic.com/2023/08/31/uniswap-wins-securities-lawsuit-positive-hope-for-investors/

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