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Cointelegraph by Jesse Coghlan

Uniswap and Hayden Adams win dismissal of class action over alleged rug pull tokens

On a Monday ruling, Manhattan federal judge Katherine Polk Failla dismissed with prejudice a class action that tried to hold Uniswap Labs and its founder Hayden Adams liable for scam tokens allegedly involved in rug pulls and pump-and-dump schemes on the protocol. The suit, originally filed in April 2022 and amended in May after an earlier dismissal, failed to show Uniswap knew of or substantially assisted fraud by third-party token issuers.
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