Uniswap responds to Bancor patent lawsuit, calling it baseless

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According to The Block, Uniswap responded that the lawsuit is "groundless", emphasizing that its protocol code has been publicly available for a long time, and criticizing the move as an interference with the momentum of DeFi development. Bancor's action has sparked controversy on social media, being criticized as "anti-Web3 spirit". Uniswap CEO Hayden Adams also mocked the lawsuit as "not worth mentioning".

Previous report, Bancor sued Uniswap for infringing its DEX smart contract technology patent.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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