Hayden Adams: Uniswap wins lawsuit against Bancor for patent infringement

UNI-3.53%
BNT-4.75%

Odaily Planet Daily reports that Hayden Adams posted on X stating that his lawyer informed him that Uniswap has won the lawsuit. Previously, Bprotocol Foundation and LocalCoin Ltd. filed a lawsuit in the Southern District of New York, accusing Uniswap Labs and Uniswap Foundation of infringing on their patent related to constant product automated market maker (CPAMM) infrastructure obtained in 2017. Bancor claimed that Uniswap used its core smart contract technology without authorization and is seeking damages. A spokesperson for Uniswap Labs previously stated that the lawsuit was baseless and argued that their protocol code has been publicly available for many years.

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