Binance CEO Changpeng Zhao has an optimistic outlook on decentralized finance (DeFi) following the court’s recent ruling on an investor suit against the decentralized crypto exchange (DEX) Uniswap.
Last week, Judge Katherine Polk Failla of the Southern District of New York dismissed the case that sought to make Uniswap (UNI) accountable for the financial losses of investors who allegedly traded “scam tokens” on the protocol.
During an AMA (Ask Me Anything) session on the social media platform X, Zhao says Failla’s ruling that the decentralized nature of Uniswap leaves no identifiable defendant in the case is very positive for DeFi.
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“I agree with the fact that the Uniswap ruling was extremely positive. It’s also extremely reasonable and logical and clear, so that’s very good. Developers
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