Sam Bankman-Fried purchased Uniswap.com domain for seven figures

Uniswap founder Hayden Adams has revealed that Sam Bankman-Fried once bought the domain Uniswap.com and used it against the company. The original owners asked for a seven-figure sum for the domain. Uniswap Labs refused to pay that price, so Bankman-Fried bought it instead. He then redirected the website toward a competing version of the Uniswap protocol. Uniswap Labs later took legal action and recovered the domain. A court decided that Bankman-Fried had used it in bad faith. Bankman-Fried was the founder of the crypto exchange FTX, which collapsed in 2022. He was later convicted of fraud and ordered to pay back around $11 billion. The official Uniswap website is now at Uniswap.org, and its trading platform is at app.uniswap.org.