The US Court of Appeals on the Second Circuit has significantly agreed to the decision to file a class action lawsuit against the lower class uniswap in 2023 by the lower court on Wednesday.
One group’s investor group sued some of the original UNISWAP LABS, UNISWAP Labs, the company behind the distributed protocol of the same name, and 2022 venture capital investors.
The Katherine Polk Failla District Court Judge (SDNY) in the southern New York District Court (SDNY) discarded the lawsuit before being tried with Uniswap in 2023, and the lawsuit to hold the plaintiff’s claim, “Venmo or Zeeld, uses a platform using a platform to fund funds using a platform We have filed a lawsuit to promote transfer. ”
The plaintiff appealed to the Failla ruling in September 2023, but was greatly closed on Wednesday by the new decision of the second circuit. The second circuit judge confirmed the decision of FAILLA, who decided to raise the plaintiff’s claim in accordance with the Securities Law and the Exchange Act.
“In summary, we agree with the District Court that the computer code, which is a system of smart contracts, is responsible for being responsible for the use of a smart contract.
The only part of the FAILLA ruling is that the only part that was empty and withdrawn as a district court means that this court will say again about the plaintiff’s case. The state law was not the federal law of New York, North Carolina and Aida, but the state law claims to make similar arguments.
The ruling began the announcement that UNISWAP’s victory, with the US Securities and Exchange Commission (SEC) that it would stop investigating the distributed exchange, which was suspected of being suspected of being suspected of being operated as an unpaid securities broker and a unpaid securities exchange under the former SEC president, Gary Gensler.
Further Read: The SEC stops investigating the uniswap and does not submit the execution measures.