A US district judge ruled in favor of the US Commodity Futures Trading Commission in its litigation against Ooki DAO -- which could have further implications for other decentralized autonomous organizations. Judge William H. Orrick entered a default judgment order on Thursday night, which requires Ooki DAO to pay a civil penalty of $643,542, stop operating in the US and ordering it to shut down Ooki DAO's website....
US CFTC Wins Precedent Setting Case Against Ooki DAO, Calling It a 'Wake-Up Call'
Crypto News - 9 Jun 2023 23:47
A US district judge ruled in favor of the US Commodity Futures Trading Commission in its litigation against Ooki DAO -- which could have further implications for other decentralized autonomous organizations. Judge William H. Orrick entered a default judgment order on Thursday night, which requires Ooki DAO to pay a civil penalty of $643,542, stop operating in the US and ordering it to shut down Ooki DAO's website....
Share this Article
Recommended