Bancor Sues Uniswap Over Alleged AMM Patent Infringement

Bancor has filed a lawsuit against Uniswap, alleging that Uniswap copied Bancor's automated token swap design. Uniswap has argued that its code is open and public, and the case has drawn attention from the wider crypto community. The lawsuit may decide if this is about protecting ideas or payback. Uniswap's TVL has grown to $5.73 billion, while Bancor's has fallen to $66.7 million.