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New York court dismisses class-action lawsuit against Uniswap, decentralized protocol receives legal protection
ChainCatcher News: A court in New York has dismissed a class-action lawsuit against Uniswap Labs. The federal claims were permanently dismissed, while the state law claims were dismissed without prejudice. This ruling emphasizes the legal nature of decentralized protocols and confirms that smart contract developers should not be held responsible for third-party misuse.
This legal victory not only solidifies Uniswap’s operational model but also sets an important precedent for other decentralized platforms facing similar legal challenges, marking a milestone in the DeFi industry’s legal progress.