CRYPTORESTRICTIONS

Regulator warning

CFTC fines Uniswap Labs over leveraged tokens

The CFTC fines Uniswap Labs $175,000 for offering leveraged tokens to US retail users through its interface.

Primary source: CFTC: order against Uniswap Labs for offering illegal digital asset derivatives trading, $175,000 penalty (4 September 2024)

By CryptoRestrictions Research DeskReviewed by CryptoRestrictions Editorial ReviewUnited StatesAvailable

The CFTC ordered Uniswap Labs to pay a $175,000 civil penalty and stop violating the Commodity Exchange Act, finding that its interface had given US retail users access to leveraged tokens (CFTC). The order covers March 2021 to about September 2023, and says the tokens were less than 0.25 percent of the interface’s trading volume.

What changes in our data

The US stays available. The terms now forbid using Uniswap to offer leveraged or margined commodity products to US retail customers.

Current verified status

Live data from the restrictions dataset for the platforms and countries named in this update.

PlatformCountryStatus
UniswapUnited StatesAvailable

Source

cftc.gov ↗

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