Uniswap legal & privacy - sharing addresses with TRM labs for analysis

Bttzed03

legendary

Activity: 2114

Merit: 1150

https://bitcoincleanup.com/

Quote from: Bitcoin_Arena on December 07, 2021, 01:13:24 PM

~
Since when did Uniswap become a blockchain of its own? Lol

My bad, it got mixed up in my head Grin

Ethereum ( is what I had in mind while typing that.

Quote from: libert19 on December 07, 2021, 09:39:45 PM

~
I guess they can't block, people can just use different interfaces, perks of being based on smart contracts.

You never know. They already blocked some tokens traded on their decentralized exchange. It will be like a game of cat and mouse with suspected scammers/launderers/fraudster but what's clear is that the devs can mess up the code.

libert19

hero member

Activity: 2520

Merit: 952

Quote from: Bttzed03 on December 07, 2021, 09:28:56 AM

Many people are still using Uniswap despite the high transaction fees because it's still the most decentralized and secure blockchain (next to Bitcoin). They will lose those users if they start blocking accounts/addresses that are suspected non-compliant.

I guess they can't block, people can just use different interfaces, perks of being based on smart contracts.

Bitcoin_Arena

copper member

Activity: 2114

Merit: 1814

฿itcoin for all, All for ฿itcoin.

Quote from: libert19 on December 07, 2021, 12:52:25 AM

Good? Bad? you decide

Obviously bad Idea. Uniswap is getting worse each passing day.

Quote from: Bttzed03 on December 07, 2021, 09:28:56 AM

Many people are still using Uniswap despite the high transaction fees because it's still the most decentralized and secure blockchain (next to Bitcoin). They will lose those users if they start blocking accounts/addresses that are suspected non-compliant.

Since when did Uniswap become a blockchain of its own? Lol

Uniswap is just an exchange. A pseudo "decentralized" exchange running on smart contracts

Bttzed03

legendary

Activity: 2114

Merit: 1150

https://bitcoincleanup.com/

I have the same reaction with this comment:

Quote

Why is this even needed? Just look at the on-chain addresses that interacted w/ the Router,

and I'm also as curious as this poster:

Quote

What do they do with the info? do they act on it? do they track it? also what fits the criteria of ‘compliance’

Many people are still using Uniswap despite the high transaction fees because Ethereum (where Uniswap is built) is still the most decentralized and secure blockchain (next to Bitcoin). They will lose those users if they start blocking accounts/addresses that are suspected non-compliant.

libert19

hero member

Activity: 2520

Merit: 952

Didn't think crypto addresses were that valuable, guess I was wrong.

Uniswap one of the biggest dex on ethereum, is sharing interacted addresses with TRM labs - monitoring firm.

Check it yourself: https://app.uniswap.org/#/swap >> three dots >> legal & privacy

Good? Bad? you decide

Read more: https://thedefiant.io/uniswap-blockchain-intelligence-wallet-sharing/

Topic: Uniswap legal & privacy - sharing addresses with TRM labs for analysis (Read 64 times)