The CFTC fined Uniswap Labs $175,000 for illegally offering leveraged crypto transactions through its decentralized trading protocol. The press release says the company "illegally offered leveraged or margined retail commodity transactions in digital assets via a decentralized digital asset trading protocol." These transactions, which did not meet legal requirements, were available to retail users without proper registration. Uniswap Labs was also ordered to stop further violations. The CFTC noted the company's cooperation during the investigation, which led to a reduced penalty, and emphasized its commitment to enforcing regulations in the DeFi space. Source: CFTC Press Room