Uniswap Targeted in Lawsuit Over Alleged Use of Bancor Technology

A lawsuit filed by Bancor in U.S. District Court in New York claims Uniswap has been utilizing its patented CPAMM technology since 2018, potentially impacting DeFi innovation and related digital assets. The lawsuit alleges Uniswap has profited unfairly from using this proprietary trading technology without permission. While neither party has yet issued official statements, the case’s potential ramifications for intellectual property within the DeFi sector are significant. The outcome could impact how open-source innovations are protected and whether settlements or protocol adjustments are ultimately chosen. Investor sentiment towards related tokens like UNI and BNT may also be affected by this legal action.