Uniswap Hit with Surprise Patent Lawsuit—UNI Token Tanks 12%
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DeFi’s darling DEX faces legal heat as patent trolls circle. The lawsuit alleges Uniswap’s core protocol infringes on legacy financial tech patents—because nothing screams ’innovation’ like weaponizing old banking IP against decentralized disruptors.
UNI holders aren’t laughing: the token bled 12% in 24 hours as traders priced in legal risk. Meanwhile, VC-backed competitors are already salivating at the prospect of a distracted Uniswap team.
Funny how these lawsuits always materialize just as DeFi starts eating Wall Street’s lunch. Maybe next they’ll patent the concept of ’markets’ and sue everyone who trades.
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