CFTC: Uniswap Labs must pay a fine of $175,000
ChainCatcher news, according to official CFTC news, the CFTC has filed a lawsuit against Uniswap Labs and reached a settlement.
The CFTC found that Uniswap Labs illegally offered leveraged or margin retail commodity trading of digital assets through a decentralized digital asset trading protocol. It requires Uniswap Labs to pay a civil penalty of $175,000 and to cease violations of the Commodity Exchange Act (CEA).
The CFTC acknowledged that Uniswap Labs actively cooperated with law enforcement in the investigation of this matter and reduced the civil penalty.
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