Risley v. Uniswap Ruling Carries Massive Implications for DeFiWhat happened?On February 26, the Second Circuit Court of Appeals affirmed the District Court’s ruling in Risley v. Uniswap Labs, which held that neither Uniswap Labs nor its developers could be held liable for plaintiffs’ losses in connection with trading “scam tokens” on the Uniswap platform. The case was brought by a group of private plaintiffs alleging that Uniswap, along with their venture capital investors (VC defenda...
