🚀 U.S. District Court dismisses class action lawsuit against Uniswap, a top decentralized exchange (DEX), citing lack of factual support and highlighting ambiguities in crypto regulations.

👩‍⚖️ Judge Katherine Polk Failla, who also oversees SEC v. Coinbase, found some allegations against Uniswap untenable in court.

🔍 Lawsuit accused Uniswap, its founder, and VC firms of contributing to "rampant fraud" and selling unregistered securities.

🔗 Judge Failla emphasized Uniswap's decentralized nature and suggested concerns about federal securities laws be directed to Congress.

🚗 Ruling compared Uniswap to a "self-driving car developer" not liable for third-party misuse.

📈 Uniswap CLO sees court's decision as a trend in legal perspectives, stating Uniswap has primarily lawful use.

🤔 What do you think about the judge's ruling? Share your thoughts in the comments!