SDNY Judge Katherine Polk Failla ruled that the “self-driving” software Uniswap was not responsible for losses users suffered due to scams and ponzis. Judge Failla who threw out the lawsuit against Uniswap, Paradigm et al also presides over SEC vs. Coinbase. Crypto proponents noted the industry’s growing momentum in the court as a sign the SEC could lose against Brian Armstrong’s crypto exchange. The SEC lost to Grayscale in court and was handed a partial defeat in its securities campaign
