Trader Files Lawsuit Against Uniswap After Significant Losses

Nessa Risley has issued a class action lawsuit against Uniswap and its associates for illegally promoting and selling unregistered assets. Furthermore, the Uniswap user claims the decentralized exchange has no KYC process, hence resulting in massive fraud. Before the Suit Between May and July 2021, the plaintiff supposedly purchased several microcap altcoins worth around $10,000 on the DEX. Risley stated that traded on Uniswap for the first time in May, which resulted in significant losses. Other defendants in the complaint…