The CFTC Served Ooki DAO Papers by Posting Them in an Online Discussion Forum

The lawsuit, announced last week, is the first to be brought against members of a DAO by the CFTC, and could have wide-ranging consequences for DAO regulation in the future. Charges were also filed and settled against a blockchain protocol, bZeroX – which the CFTC claims operated the same service before handing over the reins to Ooki DAO – and two of its founders, who settled for a $250,000 monetary penalty.

Source: https://www.coindesk.com/policy/2022/09/28/the-cftc-served-ooki-dao-papers-by-posting-them-in-an-online-discussion-forum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines