Governor Note: Ooki DAO vs. CFTC

The Commodity Futures Trading Commission has issued an order against the Ooki Protocol and its governing entities for illegally offering leveraged and margined retail commodity transactions for digital assets. If unchallenged, the CFTC may establish regulatory precedence using a DAO member’s governance actions as grounds to assign personal liability to the actors the CFTC feels are responsible for a DAO’s regulatory violations.

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