U.S. Court Calls ETH a Commodity While Tossing Investor Suit Against Uniswap

Within the absence of “precise issuers” of the “rip-off tokens,” the plaintiffs argued that Uniswap facilitated the trades at subject by “offering a market and amenities for bringing collectively consumers and sellers of securities” for a transaction payment, “hoping that this Courtroom may overlook the truth that the present state of cryptocurrency regulation leaves them with out recourse, at the least as to the particular claims alleged on this swimsuit.”