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Ooki DAO
CFTC Wins Lawsuit Against Ooki DAO
A federal judge has sided with the U.S. Commodity Futures Trading Commission (CFTC) in a lawsuit alleging decentralized autonomous organization (DAO) Ooki DAO offered unregistered commodities. CoinDesk's Nikhilesh De discusses what this means for other DAOs and decentralized finance (DeFi) actors in the industry.
La CFTC s'oppose aux mémoires d'amicus curiae dans le procès contre Ooki DAO
Les avocats de la CFTC ont notifié la poursuite contre la DAO via un robot d'aide sur un site Web et un message sur un forum. Les quatre mémoires d'amicus curiae indiquent que la CFTC n'a T joué le jeu.
Seed Club Co-Creator: 'DAOs Aren't People. It's a Network'
The CFTC should identify and serve the people it believes are responsible for Ooki DAO's alleged violations rather than the DAO itself as an entity, a community of lawyers called "LeXpunK Army" argued Monday. Jess Sloss, co-creator of the DAO Accelerator Network "Seed Club," discusses his take on the Ooki DAO case and whether DAOs are people. Plus, Sloss shares insights into the Seed Club's mission and a preview of his panel at CoinDesk's I.D.E.A.S. 2022 in New York City.
US Judge Rules Crypto Advocates Can Join Ooki DAO's Defense Against CFTC
A federal judge ruled Wednesday that two groups of crypto advocates could argue that the Commodity Futures Trading Commission (CFTC) should not be able to serve Ooki DAO members through a website help bot. "The Hash" panel discusses the latest in Ooki DAO's ongoing case making waves in DeFi land.
CFTC Chair Behnam on Ooki DAO Case
The controversial case against Ooki DAO was “so egregious and so obvious” that the U.S. Commodity Futures Trading Commission (CFTC) had to pursue it, said Chairman Rostin Behnam. At DC Fintech Week, Behnam also noted that the Ooki DAO case was an example of "clear fraud."
CFTC Commissioner Mersinger ‘Cannot Support’ Agency’s Approach in Ooki DAO Case
CFTC Commissioner Summer K. Mersinger expressed her dissent over the agency’s action against Ooki DAO, noting in a press release that “we cannot arbitrarily decide who is accountable for those violations based on an unsupported legal theory amounting to regulation by enforcement while federal and state policy is developing.” She joins “First Mover” to discuss.
Court Rules CFTC Legally Served Ooki DAO Through Help Bot
A federal court ruled on Monday that the Commodity Futures Trading Commission (CFTC) can serve a decentralized autonomous organization (DAO) through a website help bot and forum post. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what the ruling means for crypto regulation.
Le tribunal décide que la CFTC a légalement signifié le DAO Ooki via Help Bot
La décision est intervenue le jour même où un groupe d'avocats et de développeurs de Crypto a déposé une demande de participation dans le dossier de la CFTC contre Ooki DAO.
CFTC Served Ooki DAO Papers via Online Discussion Forum
The Commodity Futures Trading Commission (CFTC) used an online discussion forum to serve a lawsuit against members of Ooki DAO, a decentralized autonomous organization (DAO) that operates a protocol offering allegedly illegal, off-exchange tokenized margin trading and lending services. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.