The post Uniswap Wins Full Dismissal Of The Scam Token Class Action Lawsuit appeared on BitcoinEthereumNews.com.

US judge dismisses Uniswap class action with prejudice, closing the case. The court ruled Uniswap is not liable for scam tokens issued by unknown third parties on its protocol. Plaintiffs failed to prove actual knowledge of fraud, substantial assistance, or state-law violations. A US federal judge has fully dismissed the class action lawsuit against Uniswap Labs and its founder Hayden Adams, ending a four-year legal fight over scam tokens traded on the Uniswap protocol. Judge Katherine Polk Failla of the Southern District of New York ruled that Uniswap cannot be held liable for fraud committed by unknown third-party token issuers. The second amended complaint was dismissed with prejudice, and the case is now closed at the district court level. According to CoinGecko, UNI climbed 10% following the ruling to reach $3.92, before easing slightly to trade around $3.88. Court Rejects Liability For Third-Party Fraud The plaintiffs claimed they lost money in rug pulls and pump-and-dump schemes. They argued that Uniswap facilitated fraud by operating a marketplace that brought buyers and sellers together. The court rejected the complaint. Failla wrote that simply offering a platform does not equal substantial assistance in fraud. She said the plaintiffs failed to show Uniswap had actual knowledge of specific fraud or that it actively helped carry it out. The judge added that creating an environment where fraud can occur is not the same as helping execute fraud. She compared it to a bank not being liable for money laundering just because its accounts are used, or a messaging app not being liable because criminals use its service. She also repeated her earlier view that it makes no sense to hold a developer of open-source smart contract code responsible for how third parties misuse that code. Four-Year Legal Battle Ends The lawsuit was first filed in…

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Filed under: News - @ March 3, 2026 9:26 am