Uniswap Labs has successfully defended itself in a patent infringement lawsuit filed by Bancor's creator, as a U.S. District Judge dismissed the case. The lawsuit, which accused Uniswap of using Bancor's patented code in its 2018 protocol, was thrown out due to the plaintiffs' failure to state a valid claim. The court ruled that Bancor's patents were based on abstract ideas, making them ineligible under U.S. patent law.
The dismissal marks a significant victory for Uniswap and the broader DeFi community, as it reinforces developers' rights to build upon existing technologies without facing patent claims. This legal win follows another positive development for Uniswap, with its UNI token surging 30% after BlackRock announced plans to integrate its Treasury-backed digital token BUIDL onto the Uniswap platform.
Uniswap Labs Wins Patent Infringement Case Against Bancor
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