Uniswap dismisses Bancor’s patent infringement lawsuit as 'meritless'

Uniswap Labs has brushed off Bancor’s patent infringement lawsuit, claiming it is a tactic for attention amid the evolving U.S. crypto and DeFi regulatory landscape, The Block reported. Bancor’s lawsuit alleges Uniswap used its patented automated market maker technology for over eight years. Uniswap dismissed the claims, calling them a "wasteful distraction" and criticized the move as anti-DeFi.