Breaking: UNI Price Rockets As CFTC Slaps Uniswap Labs With $175K Settlement Fine
coingape.com 05 September 2024 00:50, UTC
The UNI price surged more than 8% today, before witnessing a slight retreat after the US CFTC slapped Uniswap Labs with a settlement fine. In a recent update, the US Commodity Futures Trading Commission (CFTC) has issued an order against the firm for illegal digital assets derivatives trading. According to the filing, the crypto firm is required to $175,000 in penalty to settle the regulatory charges.