Uniswap Labs Settles CFTC Charges Over ‘Illegal’ Margin Products

Uniswap Labs Settles CFTC Charges Over ‘Illegal’ Margin Products

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Source: Coindesk.com

Uniswap Labs will pay $175,000 to settle charges it offered illegal leveraged and margined commodities transactions, the U.S. Commodity Futures Trading Commission announced Wednesday.

Uniswap developed a user interface and a set of smart contracts that let users trade tokens on the platform, the CFTC said. This included tokens developed by third parties – meaning people who

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Source: Coindesk.com

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