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RISLEY v. UNIVERSAL NAVIGATION INC.

No. 22 Civ. 2780 (KPF).

NESSA RISLEY, JAMES FREELAND, ROBERT SCOTT, ANNIE VENESKY, ANDREW CARDIS, and DEAN MEYERS, individually and on behalf of all others similarly situated, Lead Plaintiffs, v. UNIVERSAL NAVIGATION INC., d/b/a Uniswap Labs, HAYDEN Z. ADAMS, PARADIGM OPERATIONS LP, AH CAPITAL MANAGEMENT, L.L.C., d/b/a Andreessen Horowitz, UNION SQUARE VENTURES, LLC, and UNISWAP FOUNDATION, Defendants.

United States District Court, S.D. New York.

August 29, 2023.

OPINION AND ORDER

In this case of first impression, the Court considers whether the developers of and investors in the Uniswap Protocol trading platform (the "Protocol"), a decentralized cryptocurrency exchange, are subject to various provisions of the federal securities laws as currently written...

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