Uniswap court victory on 2 March 2026 limits DeFi developer liability for scam tokens

On 2 March, Judge Katherine Polk Failla of the Southern District of New York dismissed with prejudice a case that sought to hold Uniswap CEO Hayden Adams and Uniswap Labs liable for scam tokens traded on the platform. The ruling found that open-source smart contract developers cannot be held responsible for alleged rug pulls and pump-and-dump schemes executed by unidentified third-party token issuers, and Uniswap's UNI token rose about 5% following the decision.