Mark Richardson, project lead at Bancor, stated that filing a patent infringement lawsuit against Uniswap was necessary, citing Uniswap’s continued use of a Bancor invention to gain a competitive advantage

Quotes that support claims

“When an organization continuously uses our invention without our authorization and does so as a means of competing with us, we must take action,” said Mark Richardson, project lead at Bancor.

“Bancor’s patented technology is one of the most important innovations in blockchain, and we are exceptionally proud of the role it has played in revolutionizing the world of DeFi,” said Mark Richardson, Project Lead at Bancor, according to a press release. “However, when an organization continuously uses our invention without our authorization and does so as a means of competing with us, we must take action.”

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