The United States District Court for the Northern District of California (the “Court”) recently held that a decentralized autonomous organization (DAO) could be served via its online forum. If upheld, ...
Tom Bean and Kyle Kistner, the founders of bZeroX, a company that eventually became Ooki DAO, are no longer tied to the decentralized autonomous organization (DAO), an attorney for the duo said. Bean ...
On September 22, 2022, the CFTC announced an order simultaneously filing and settling charges against bZeroX, LLC (“bZeroX”) and its creators for illegally offering leveraged and margined retail ...
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Ooki DAO, the first decentralized autonomous organization (DAO) dragged to court over alleged lawbreaking in the U.S., is struggling to muster a response to the Commodity Futures Trading Commission ...
The CFTC emphasized that “critically, in a precedent-setting decision, the court held that the Ooki DAO is a ‘person’ under the Commodity Exchange Act.” A United States district judge has entered a ...
The Commodity Futures Trading Commission (CFTC) used unorthodox methods to serve a lawsuit against the pseudonymous members of a decentralized autonomous organization (DAO), according to court ...
The U.S. Commodity Futures Trading Commission (CFTC) on Monday hit back against four amicus briefs filed on behalf of Ooki DAO, a decentralized autonomous organization (DAO) which the CFTC sued in ...
The Commodity Futures Trading Commission’s recent lawsuit against Ooki DAO calls into question whether DAOs can exist compliantly within the complex regulatory framework that governs financial and ...