Ooki DAO – DIGIT INFO

Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC

DIGIT — Sat, 10 Jun 2023 05:24:34 +0000

The CFTC highlighted that “critically, in a precedent-setting decision” the Ooki DAO was held in court as “‘person’ under the Commodity Exchange Act.”

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Ooki DAO misses lawsuit response deadline, default judgment on the cards

DIGIT — Thu, 12 Jan 2023 00:10:41 +0000

The commodities regulator has begun the process of getting a court ruling on the Ooki DAO case after the latter failed to respond to the lawsuit by the deadline.

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Judge orders CFTC to serve Ooki DAO founders with lawsuit

DIGIT — Tue, 13 Dec 2022 06:05:26 +0000

The DAO was initially served with a lawsuit via a help chat box but a federal judge said the regulator “should serve at least one identifiable Token Holder.”

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The CFTC’s Ooki Dao action is a bad omen for American crypto developers

DIGIT — Sun, 16 Oct 2022 23:42:07 +0000

Decentralized autonomous organizations (DAOs) were supposed to be regulation-proof. Federal regulators now have targeted not just a DAO, but also its investors.

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CFTC can issue summons through Ooki DAO’s help chat box, says judge

DIGIT — Tue, 04 Oct 2022 19:34:39 +0000

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.

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Ooki DAO members explore options in response to CFTC lawsuit

DIGIT — Thu, 29 Sep 2022 13:06:24 +0000

Members of the Ooki DAO are discussing various ways to respond to the recent lawsuit filed by the CFTC.

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CTFC slammed for ‘blatant regulation by enforcement’ over Ooki DAO case

DIGIT — Fri, 23 Sep 2022 03:17:08 +0000

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.

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