According to Foresight News , citing The Block, Judge Katherine Polk Failla of the Southern District of New York dismissed all state legal claims against Uniswap and its founder, Hayden Adams. The judge ruled that Uniswap should not be held responsible for Rug Pull and Pump-and-Dump scams perpetrated by third-party issuers on its platform. Simply providing a platform does not constitute substantial aiding and abetting fraud, and holding smart contract code writers liable for third-party abuse of decentralized platforms is "illogical."
A U.S. federal judge dismissed the remaining claims in a lawsuit against Uniswap and its founders, establishing the boundaries of liability for DeFi developers.
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