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CFTC charges Uniswap, Brazil’s X ban, and more: Law Decoded

Uniswap Labs agreed to pay $175,000 in civil penalties and cease trading leveraged tokens following CFTC charges.

On Sept. 4, the United States Commodity Futures Trading Commission (CFTC) charged decentralized exchange developer Uniswap Labs with illegal derivatives trading for retail investors.

In an announcement, the CFTC stated that Uniswap had agreed to settle the charges by paying a $175,000 civil penalty.

Additionally, Uniswap Labs has agreed to stop violating the Commodity Exchange Act (CEA) and has already ceased trading certain leveraged tokens as required by the CFTC.

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Uniswap Labs agreed to pay $175,000 in civil penalties and cease trading leveraged tokens following CFTC charges.
On Sept. 4, the United States Commodity Futures Trading Commission (CFTC) charged decentralized exchange developer Uniswap Labs with illegal derivatives trading for retail investors.In an announcement, the CFTC stated that Uniswap had agreed to settle the charges by paying a $175,000 civil penalty.Additionally, Uniswap Labs has agreed to stop violating the Commodity Exchange Act (CEA) and has already ceased trading certain leveraged tokens as required by the CFTC.Read more  

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