U.S. District Judge Katherine Polk Failla of the Southern District of New York dismissed the remaining state law claims against Uniswap Labs and its founder Hayden Adams, and closed the case with prejudice, ruling that the plaintiff failed to present viable claims after multiple amendments to the complaint and could not hold the platform liable for third-party token issuers' "rug pull" and pump-and-dump activities. The court noted that merely providing decentralized protocols and smart contract code for buyers and sellers does not constitute substantial assistance in fraudulent conduct, and the plaintiff failed to reasonably demonstrate that the defendants had actual knowledge of the fraud, violated state consumer protection laws, or engaged in unjust enrichment. (The Block)