{"id":23082,"date":"2026-03-03T14:21:53","date_gmt":"2026-03-03T14:21:53","guid":{"rendered":"https:\/\/bitunikey.com\/news\/uniswap-price-rebounds-toward-4-as-judge-dismisses-4-year-scam-token-lawsuit\/"},"modified":"2026-03-03T14:21:58","modified_gmt":"2026-03-03T14:21:58","slug":"uniswap-price-rebounds-toward-4-as-judge-dismisses-4-year-scam-token-lawsuit","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/uniswap-price-rebounds-toward-4-as-judge-dismisses-4-year-scam-token-lawsuit\/","title":{"rendered":"Uniswap price rebounds toward $4 as judge dismisses 4-year scam-token lawsuit"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Uniswap price has rebounded toward $4 after a U.S. judge dismisses a long-running scam-token lawsuit against Uniswap Labs.<\/p>\n<div id=\"cn-block-summary-block_931b832b50b08fa0d582d24c00c9849a\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Uniswap price is up 15% in recent days as trading volume jumps over 30%.<\/li>\n<li>A federal judge dismissed the final claims in the lawsuit against Uniswap Labs with prejudice.<\/li>\n<li>A daily close above $4 could open the door to further upside toward $4.60.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Uniswap (UNI) is trading at $2.83 at press time, up 1.6% in the past 24 hours. The token has gained roughly 15% in the past 7 days, though it remains down 2.3% over the last month. Price is now pushing toward the upper end of its recent seven-day range between $3.30 and $4.12.<\/p>\n<p>Market activity has increased. Spot trading volume reached $251 million in the past 24 hours, a 30% jump from the previous day.\u00a0<\/p>\n<p>According to CoinGlass derivatives <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/UNI\/futures\" target=\"_blank\" rel=\"nofollow\">data<\/a>, open interest increased marginally to $243 million, while volume increased 18% to $311 million. As sentiment improves, traders seem to be increasing exposure.<\/p>\n<h2 class=\"wp-block-heading\">Court ends nearly four-year lawsuit<\/h2>\n<p>The rally follows a major legal victory for Uniswap Labs. On Mar. 2, Judge Katherine Polk Failla dismissed the remaining state-law claims in the case known as Risley v. Universal Navigation Inc.<\/p>\n<p>In the April 2022 lawsuit, Uniswap Labs, its founder Hayden Adams, and a number of venture capital firms were accused of facilitating fraud related to dozens of alleged scam tokens that were traded on the platform. <\/p>\n<p>The plaintiffs claimed that between 2021 and 2022, \u201crug pulls\u201d and pump-and-dump schemes caused them to lose money.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Another day, another precedent-setting ruling for DeFi.<\/p>\n<p>Today, Judge Failla dismissed with prejudice the Risley class action against <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/Uniswap?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@Uniswap<\/a> Labs and <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/haydenzadams?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@haydenzadams<\/a>. The Federal charges had previously been dismissed, and today the various state claims are dismissed. Again, the\u2026<\/p>\n<p>\u2014 Brian (@N0th1n3) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/N0th1n3\/status\/2028552988894310535?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">March 2, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Earlier federal securities claims were dismissed in 2023 and later upheld on appeal. The case cannot be reopened because the final decision dismissed the remaining claims with prejudice.\u00a0<\/p>\n<p>The court ruled that Uniswap, an Ethereum decentralized and permissionless protocol, cannot be held accountable for the acts of independent third-party token issuers. The alleged fraud came from anonymous creators, not from the protocol itself.<\/p>\n<p>The decision removes a major legal overhang. UNI rose shortly after the news.<\/p>\n<h2 class=\"wp-block-heading\">Uniswap price technical analysis<\/h2>\n<p>On the daily chart, UNI has bounced from the $3.10\u2013$3.20 area, where several candles showed strong rejection wicks. That zone aligns with the lower Bollinger Band and suggests buyers stepped in after a prolonged decline.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Uniswap daily chart. Credit: crypto.news<\/figcaption><\/figure>\n<p>Price has now reclaimed the 20-day moving average, currently around $3.55\u2013$3.60. For weeks, this level acted as resistance. It is now being tested as support. The moving average is starting to flatten, which often signals that selling pressure is easing.<\/p>\n<p>RSI has recovered from near-oversold levels around 25\u201330 and moved above 50. This shows that momentum has shifted from bearish to neutral-bullish. A move toward 60\u201365 would support further upside.<\/p>\n<p>The key level to watch is $4.00\u2013$4.05, a psychological resistance area near the upper Bollinger Band. A daily close above $4 would confirm short-term reversal momentum and could open the way toward $4.40\u2013$4.60.<\/p>\n<p>If price fails at $4, a pullback toward $3.60 is possible, with stronger support near $3.20. At this stage, UNI is attempting to turn higher. A decisive break above $4 would strengthen the recovery narrative and suggest that the rebound has room to extend.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uniswap price has rebounded toward $4 after a U.S. judge dismisses a long-running scam-token lawsuit against Uniswap Labs. Summary Uniswap price is up 15% in recent days as trading volume&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9628,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=23082"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23082\/revisions"}],"predecessor-version":[{"id":23083,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23082\/revisions\/23083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/9628"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=23082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=23082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=23082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}