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 â meaning people who don't work for Uniswap â that exposed investors to margined or leveraged returns against the price of bitcoin (BTC) and ether (ETH).
