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CFTC Fines Uniswap Labs $175,000 for Violating Commodity Exchange Act

September 7, 2024
in DeFi
Reading Time: 1 min read
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CFTC Fines Uniswap Labs $175,000 for Violating Commodity Exchange ActThe Commodity Futures Buying and selling Fee (CFTC) has fined Common Navigation Inc., working as Uniswap Labs, $175,000 for unlawful buying and selling practices. The decentralized finance (defi) protocol operator was present in violation of the Commodity Alternate Act (CEA) for providing leveraged retail commodity transactions with out correct registration. Uniswap Labs, the corporate behind a well-liked decentralized digital asset […]

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Tags: ActCFTCcivil penaltycommodityCommodity Exchange ActCryptocurrency Tradingdecentralized financeDeFiDigital AssetsethereumExchangeFinesLabsLeveraged tokensNews Bytes 1UniswapUniswap Labsviolating
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