Judge Dismisses Class Action Against Uniswap Labs in New York

A federal judge in the Southern District of New York dismissed a class‑action lawsuit against Uniswap Labs, rejecting the plaintiffs' claims in the case commonly referred to as the ‘Risley’ suit and granting a full dismissal of the action ^[1][2][3].

The court's decision emphasized that developers of neutral, decentralized infrastructure cannot be held liable simply because third parties used the protocol to carry out scams, a point highlighted in coverage noting the ruling reaffirmed limits on developer liability ^[2][3].

The ruling was characterized by some outlets as a positive outcome for the project, and the legal victory coincided with a market reaction in which Uniswap’s native token, UNI, rose about 6% after the news ^[1][4].

Observers described the dismissal as a “good, sensible outcome” for Uniswap Labs, concluding that the court will not impose liability on protocol developers for third‑party misuse in this case ^[1][2].