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Cryptopolitan 2024-09-04 22:55:57

CFTC fines Uniswap $175,000 for illegal leveraged trading

Uniswap has been hit with a $175,000 fine by the Commodity Futures Trading Commission (CFTC). The charge? Offering leveraged and margined retail commodity transactions in digital assets without proper regulatory approval. This penalty also comes with a warning. Uniswap Labs, the company behind the protocol, must stop any activities that violate the Commodity Exchange Act

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