Learn more

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. Ian McGinley, director of enforcement at the CFTC, said that the division would “vigorously enforce the CEA as digital assets pla…

cuu