2023-6-12 08:24 |
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.”
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The Commodity Futures Trading Commission (CFTC) said June 9 that it achieved a legal victory against Ooki DAO in a precedent-setting case. Ian McGinley, the CFTC’s Division of Enforcement Director, said: “The founders created the Ooki DAO with an evasive purpose, and with the explicit goal of operating an illegal trading platform without legal accountability.
2023-6-10 02:30 | |
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United States District Judge William Orrick has ordered the Commodity Futures Trading Commission (CFTC) to serve its Ooki DAO lawsuit to Tom Bean and Kyle Kistner, who were the original founders of the defunct bZeroX protocol.
2022-12-13 12:15 | |
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Federal judge William Orrick said he did not previously know that Tom Bean and Kyle Kistner were current token-holders at Ooki DAO.
2022-12-13 04:08 | |
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The CFTC's race to serve a lawsuit against Ooki DAO has sparked a backlash from crypto supporters. They claim that CFTC's method of serving notice on Ooki DAO members was illegal.
2022-11-23 11:09 | |
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The Commodity Futures Trading Commission (CFTC) is trying to “create [a] novel precedent” for itself in trying to serve a lawsuit to the entirety of a decentralized autonomous organization (DAO), rather than the DAO’s members, one of three filings pushing back against the agency’s lawsuit said.
2022-11-23 19:29 | |
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The U.S. District Court for the Northern District of California ruled in October that LeXpunK Army and the DeFi Education Fund could file amicus (friend of the court) briefs in the CFTC v. Ooki DAO case.
2022-11-16 06:30 | |
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The Commodity Futures Trading Commission (CFTC) had what looked like an easy case against Ooki DAO. The allegations weren’t really in dispute and the decentralized autonomous organization itself didn’t seem able to put together a response in time for a court-mandated deadline.
2022-10-20 20:30 | |
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Paradigm Operations LP and LeXpunK have shared their views on the ongoing Ooki DAO suit, stating that the CFTC case is an invented theory.
2022-10-19 10:30 | |
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The Commodity Futures Trading Commission shouldn't be able to serve an entire decentralized autonomous organization (DAO) at once, but rather, should serve the people in it, a group of lawyers said in an amicus filing Monday.
2022-10-18 05:12 | |
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Crypto venture capital fund Paradigm Operations has asked a federal court for permission to join two other groups in arguing that the Commodity Futures Trading Commission (CFTC) should serve the members of a decentralized autonomous organization (DAO) directly, rather than through a generic website help portal.
2022-10-18 22:29 | |
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A US Judge has allowed LeXpunK and DEF to Join Ooki DAO's defense, ordering the the CFTC to reconsider the Court ruling.
2022-10-14 23:30 | |
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A federal judge ruled late Wednesday that LeXpunK Army and the DeFi Education Fund could file friends of the court motions. The crypto advocates want to convince him that the CFTC should identify individual Ooki DAO members, rather than serve them all at once through a website portal.
2022-10-13 04:18 | |
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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.
2022-10-12 19:51 | |
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No one voted the first time an Ooki DAO member tried to gather support for a legal defense effort. Just three people have voted in favor of a second effort
2022-10-12 03:38 | |
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No one voted the first time an Ooki DAO member tried to gather support for a legal defense effort. Just three people have voted in favor of a second effort
2022-10-11 03:38 | |
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The DeFi Education Fund, a D.C.-based organization, has filed to join the Ooki DAO case in hopes of blocking the CFTC from being able to serve the DAO through a website post.
2022-10-6 19:20 | |
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A federal judge said the court’s decision was based on the CFTC effectively serving the Ooki DAO by providing the necessary documents in its Sept. 22 lawsuit.
2022-10-5 22:15 | |
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Outside lawyers have told SushiSwap to restructure around legal entities. In the wake of Ooki, will the DAO listen?
2022-10-5 21:36 | |
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Outside lawyers have told SushiSwap to restructure around legal entities. In the wake of Ooki, will the DAO listen?
2022-10-5 21:36 | |
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The ruling came the same day a group of crypto lawyers and developers filed to join the CFTC's case against Ooki DAO.
2022-10-4 01:00 | |
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Members of the Ooki DAO are discussing various ways to respond to the recent lawsuit filed by the CFTC.
2022-9-29 16:06 | |
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Ooki DAO community members have commenced discussions to explore possible fundraising options to defend their case against the CFTC. The post Ooki DAO moves to raise funds to defend against CFTC lawsuit appeared first on CryptoSlate.
2022-9-29 16:00 | |
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The Commodity Futures Trading Commission (CFTC) served a lawsuit against Ooki DAO via its website chat box and its online governance forum, according to a September 27 court filing. The post CFTC serves Ooki DAO members lawsuit via governance discussion forum appeared first on CryptoSlate.
2022-9-28 14:00 | |
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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 documents filed on Tuesday.
2022-9-28 05:55 | |
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The Commodity Futures Trading Commission (CFTC) sued Ooki DAO, a decentralized autonomous organization, last week. The CFTC alleged Ooki DAO was offering leveraged and margin trading products without registering as a Futures Commission Merchant (FCM), a legal requirement in the U.S.
2022-9-28 20:45 | |
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Members of the cryptocurrency industry are riling up against the U.S. Commodity Futures Trading Commission (CFTC) after the agency filed a civil enforcement action against Ooki DAO.
2022-9-28 17:06 | |
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The Commodity Futures Trading Commission (CFTC) filed and settled charges last week against a blockchain protocol and its founders, but its the subsequent lawsuit against a decentralized autonomous organization that could have an enormous ripple effect on the crypto industry.
2022-9-26 17:01 | |
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CFTC’s penalty against bZeroX, its founders and successor firm Ooki DAO relate to illegal… The post CFTC orders crypto firm to pay $250,000 over registration violations appeared first on CoinJournal.
2022-9-24 01:25 | |
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In the lawsuit, the Commodity Futures Trading Commission claimed that “DAOs are not immune from enforcement and may not violate the law with impunity.” CFTC Sues Ooki DAO in Landmark...
2022-9-24 20:52 | |
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The Commodity Futures Trading Commission (CFTC) imposed a $250,000 fine against bZeroX, a blockchain trading protocol, and its two founders. The post CFTC levies $250K fine on bZeroX, charges Ooki DAO for regulatory violations appeared first on CryptoSlate.
2022-9-23 15:30 | |
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The CFTC has fined protocol bZeroX $250,000 for several violations. It has also laid the same charges against itssuccessor, Ooki DAO. The post Blockchain Protocol bZeroX and Ooki DAO Penalized by the CFTC appeared first on BeInCrypto.
2022-9-23 12:15 | |
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The CFTC’s actions have even been met with strong pushback from its own commissioner, while others have drawn comparisons to the SEC’s regulation by enforcement tactics.
2022-9-24 06:17 | |
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