Uniswap founder says SBF bought disputed domain for seven figures

  • Hayden Adams said Sam Bankman-Fried bought Uniswap.com and redirected it to SushiSwap.
  • WIPO ordered Uniswap.com transferred to Universal Navigation Inc. on Sept. 3, 2021.
  • WIPO records identify Future XXX as respondent and do not name Bankman-Fried.

Uniswap founder Hayden Adams said Sam Bankman-Fried paid a seven-figure sum for Uniswap.com after Uniswap declined the original owners' asking price, then redirected the address to SushiSwap, a competing decentralized exchange created from Uniswap's code. Adams said the redirect enabled Uniswap to recover the domain without payment through arbitration. A World Intellectual Property Organization panel ordered the domain transferred to Uniswap Labs' legal entity, Universal Navigation Inc., on Sept. 3, 2021, finding that the domain's use could confuse users about a connection with Uniswap. The published WIPO record identifies a Hong Kong respondent, Future XXX, and does not name Bankman-Fried, disclose a purchase price or establish that he acquired the domain. Uniswap.com now directs users to the project's live application, while Uniswap recently accounted for about 60% of decentralized tokenized real-world-asset trading volume.

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