cal.bskt.eth 🧺
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cal.bskt.eth 🧺
@callummclark
Co-founder @alvaraprotocol | Spent 3 years making it possible to launch an on-chain fund in minutes | https://t.co/P3FsZZIpkR

Another day, another precedent-setting ruling for DeFi. Today, Judge Failla dismissed with prejudice the Risley class action against @Uniswap Labs and @haydenzadams. The Federal charges had previously been dismissed, and today the various state claims are dismissed. Again, the premise is simple: “Plaintiffs’ theories of liability are still predicated on Defendants having ‘facilitated’ the scam trades ‘by providing a marketplace and facilities for bringing together buyers and sellers of Tokens[.]’ Though the claims have changed, the result is the same: Plaintiffs cannot hold Defendants liable for the misconduct of the unidentified third-party issuers.” To take my favorite quote from the last dismissal: It “‘defies logic’ that a drafter of a smart contract, a computer code, could be held liable … for a third party user’s misuse of the platform.” Read the opinion here: courtlistener.com/docket/6321327…



Wow. Fidelity is hiring a defi product manager to design and launch on-chain vaults, structured defi strategies (yield, carry, delta-neutral), and protocol-level risk frameworks. responsibilities include smart-contract architecture, tokenomics, oracle risk, and ongoing vault monitoring.









