Bancor has filed a lawsuit against Uniswap, alleging that the decentralized exchange infringed on its patents related to smart contract-based decentralized exchange (DEX) technology
Bancor has filed a lawsuit against Uniswap, alleging that the decentralized exchange infringed on its patents related to smart contract-based decentralized exchange (DEX) technology. The complaint claims that Uniswap has been using Bancor’s patented automated market maker technology without permission since 2018. This legal action could establish an important precedent for intellectual property rights within the decentralized finance (DeFi) sector. The case highlights ongoing disputes over proprietary technology in the rapidly evolving DEX market.
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Source: https://thedefiant.io/news/defi/bancor-sues-uniswap-over-patent-infringement-on-automated-market-maker-used-2018-6e295be5