U.S. Court Calls ETH a Commodity While Tossing Investor Suit Against Uniswap

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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.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

#Policy, #News, #Regulations, #Lawsuit, #Uniswap, #SEC