Description
Class action suit against Uniswap Labs, alleging that it allowed “rampant fraud” on its platform, incentivized by a fee structure that’s allowed it to charge users billions, while having limited vetting practices and is selling unregistered securities.
Legal Significance
Uniswap is not liable for scam tokens purchased on its platform.
Issues
Status
Appeal
Case No.
1:22-cv-02780
Date Filed
April 4, 2022
Plaintiff
Nessa Risley
Defendant
UniSwap LabsHayden Z. AdamsParadigm Operations LPAH Capital Management LLC dba Andreessen HorowitzUnion Square Ventures LLC
Court
USDC Southern District of New York
Plaintiff Counsel
Barton LLPKim & Serritella LLP
Defendant Counsel
Debevoise & Plimpton LLPSkadden Arps Slate Meagher & Flom LLPLatham & Watkins LLPMorrison Cohen LLP
Major Filings
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