CFTC Fines Uniswap Labs $175,000 for Violating Commodity Exchange Act
Submitted by Anonymous (not verified) on Wed, 09/04/2024 - 19:50
The Commodity Futures Trading Commission (CFTC) has fined Universal Navigation Inc., operating as Uniswap Labs, $175,000 for illegal trading practices. The decentralized finance (defi) protocol operator was found in violation of the Commodity Exchange Act (CEA) for offering leveraged retail commodity transactions without proper registration. Uniswap Labs, the company behind a popular decentralized digital asset […]