Bancor Sues Uniswap Over Patent Infringement in New York Court Battle

A legal battle has erupted between Bancor, a cryptocurrency firm with patented technology, and Uniswap, a prominent decentralized exchange platform. Bancor accuses Uniswap of infringing on its CPAMM patent, dating back to 2017. The lawsuit, filed in the Southern District of New York, could have significant financial repercussions for Uniswap Labs and other DeFi platforms. This case highlights the importance of intellectual property protection in the rapidly evolving world of decentralized finance.