🚨 CFTC Fines Uniswap for Providing Illegal Crypto Derivatives Trading

In addition, this order also requires Uniswap Labs to pay a civil penalty of $ 175,000 and cease illegal activities.

On the positive side, the CFTC recognized the company's cooperation during the investigation, so the above fine has taken into account mitigating circumstances.

In addition to CFTC, Uniswap and a series of Crypto projects such as OpenSea, Consensys, ... are also facing the risk of lawsuits from the Securities and Exchange Commission (SEC).