Ooki DAO loses to CFTC after refusal to contest case
DeFi margin trading platform Ooki DAO lost its suit with the CFTC earlier this month after opting to not fight...
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Ooki DAO Will Axe Website, Pay Massive $643,000 Fine to CFTC
The U.S. Commodity Futures Trading Commission (CFTC) scored a default victory against the decentralized autonomous organization (DAO) Ooki DAO, according to...
U.S. regulator CFTC wins Ooki DAO lawsuit
Ooki ordered to pay $643,542 in penalty, stop its operations and close down its website. In contrast to CEXs, DAOs...
Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC
A U.S. District Judge has entered a default judgment order that requires Decentralized Organization Ooki DAO to permanently shut down...
Ooki DAO to pay $643K fine after CFTC’s court victory
The Commodity Futures Trading Commission (CFTC) said June 9 that it achieved a legal victory against Ooki DAO in a...
Ooki DAO fails to meet lawsuit response deadline… What now?
The CFTC is seeking a default judgment in its lawsuit against Ooki DAO. The calls for the default judgment came...
The CFTC’s Ooki Dao action is a bad omen for American crypto developers
Considerable anxiety exists in the world of Web3 related to regulation and the legal status of cryptocurrency projects. It’s particularly...
Binance removes 5 HNT, OOKI trading pairs, adds 18 new ones
Exchange giant Binance announced that it will remove HNT/BUSD and HNT/USDT cross & isolated margin pairs and HNT/BTC, HNT/USDT, and...
CFTC can issue summons through Ooki DAO’s help chat box, says judge
The United States Commodities Futures Trading Commission can serve members of the Ooki decentralized autonomous organization, or DAO, with summons...
CFTC Legally Served Ooki DAO via Website Help Bot, Court Rules
The DAO is embroiled with the CFTC for allegedly operating a crypto derivatives platform outside of the law Ooki DAO...