A New York district judge ruled in favor of Uniswap that the network couldn't be considered responsible for the bad actors active on the network. However, market conditions failed to garner demand for UNI.
Basically, Uniswap’s win was based on the argument that there are bad actors in traditional finance. However, their actions do not necessarily reflect on the service provider. Despite the ruling, it is clear that scam tokens are a menace to decentralized exchanges. Fortunately, different crypto protocols have been exploring safer approaches to token listing to overcome such challenges.
This was particularly evident from Uniswap’s transaction count and active addresses that hovered near their lowest levels so far this year.It has been business as usual for Uniswap despite the class action suit. This was largely because the lawsuit was not big enough to threaten its operations, as well as the influencing major changes to Uniswap’s UNI token.
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