🚨 CFTC fines Uniswap for providing illegal Crypto derivatives trading

In addition, this order also requires Uniswap Labs to pay a civil fine of 175,000 USD and stop illegal acts.

The positive point is that the CFTC noted the company's cooperation during the investigation, so the above fine took into account the 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 SEC Securities Commission.