Uniswap Founder Denounces Celebrity Blockchain Fraud

Hayden Adams, founder of Uniswap, criticized celebrities and politicians for misusing blockchain during a recent incident involving former New York City mayor Eric Adams.

His critique underscores the potential for blockchain projects to enhance profitability and reputation when conducted transparently, highlighting the missed opportunities in current celebrity-driven practices.

Hayden Adams Advocates for Transparent Blockchain Use

Adams is said to have criticized certain figures for exploiting blockchain in unethical ways, allegedly including a recent “NYC Coin incident” involving Eric Adams. He emphasized the vast potential for legitimate use within the technology. Hayden Adams, Founder and CEO, Uniswap Labs, stated, “Def agree on improving LP returns.” His statement called for celebrities to focus on transparent operations and innovative use of blockchain, avoiding fraudulent schemes. Based on current information, there is no substantial evidence linking any financial or market effects directly to this incident. Despite his criticisms, there have been no official responses from affected individuals or entities.

As of January 13, 2026, Uniswap (UNI) holds a $5.42 price, with a market cap of $3.44 billion. In the past 24 hours, it’s faced a 2.12% decline, as reported by CoinMarketCap. The significant downturn in 60 days shows a 27.86% decrease, indicating potential volatility.

Insights from the Coincu research team suggest misuse of blockchain could influence future regulatory actions. Frequent criticism against misuse highlights the industry’s need for clarity, transparency, and innovation. Staying informed with trusted sources remains essential for discerning true impacts.

Uniswap Market Trends Amidst Criticism

Did you know? No past incidents linked Eric Adams to definitive blockchain fraud, emphasizing the importance of factual clarity in the industry.

As of January 13, 2026, Uniswap (UNI) holds a $5.42 price, with a market cap of $3.44 billion. In the past 24 hours, it’s faced a 2.12% decline, as reported by CoinMarketCap. The significant downturn in 60 days shows a 27.86% decrease, indicating potential volatility.

Insights from the Coincu research team suggest misuse of blockchain could influence future regulatory actions. Frequent criticism against misuse highlights the industry’s need for clarity, transparency, and innovation. Staying informed with trusted sources remains essential for discerning true impacts.