WebJan 12, 2024 · The CFTC, which sued Ooki DAO last year on charges of running an unregistered crypto futures trading facility and failing to … WebApr 11, 2024 · Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how cry…
CFTC DAO Enforcement Action
WebOct 7, 2024 · As CoinGeek reported, the CFTC alleges that the founders of bZeroX only founded the Ooki DAO to evade regulations. The regulator even claims to have obtained records of a call in which one of the founders claimed that by creating a DAO, regulators will have nobody to pursue as the organization is decentralized. WebSep 29, 2024 · The CFTC complaint and order both refer to DAOs as “unincorporated associations” comprised of the members/tokenholders who participated in a governance … example of digital art in the philippines
CFTC pushes for $643k fine to be imposed on Ooki DAO
WebJan 3, 2024 · As the court explained: “As outlined in the complaint, Ooki DAO is comprised of Token Holders who own tokens that can be used to vote on certain governance … WebSep 23, 2024 · The CFTC, which stands for Commodity Futures Trading Commission, fined Ooki DAO and its members because it was illegally offering a leveraged and … WebSep 26, 2024 · The CFTC's complaint specifically cites the failure to collect customer identities as one of its three counts against the parties. The big picture: The news follows last month's sanctioning of Tornado Cash, making it illegal for anyone in the U.S. to use that anonymity technology for financial transactions. example of digestive system