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Tag: Ooki DAO

This year accounted for one-third of all CFTC crypto enforcement actions. President Behnam

In an address delivered at the Financial Industry Association Expo, CFTC Chairman Rostin Behnam shed light on the agency’s active role in the world...

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Court Finds a ‘DAO Is a Person,’ Owes $643,542 in Shutdown Order – Decrypt

In a court ruling that could have broad implications for the popular Decentralized Autonomous Organization (DAO) structure, a federal district judge ruled in favor...

Ooki DAO to pay $643K fine after CFTC’s court victory

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connected to AlphaWelcome! 👋 You are connected...

CFTC Wins Lawsuit Against Ooki DAO

A federal judge has sided with the U.S. Commodity Futures Trading Commission (CFTC) in a lawsuit alleging decentralized autonomous organization (DAO) Ooki DAO offered...

Sushi Braces for Legal Fight After SEC Subpoena

‘Head Chef’ Asks for $3M to Cover Legal Expenses Sushi, a decentralized exchange with almost $600M in user deposits, and its “head chef” have been...

Silvergate teeters as regulators circle and crypto firms cut ties

In this issueSilvergate: Pearly gates?Lido DAO: Fake newsChina’s two sessions: Digital driveFrom the Editor’s DeskDear Reader,It’s often said in business that if you can’t...

CFTC Chair Rostin Behnam Continues Calls for Non-Security Tokens Regulations

The chairman of the United States Commodity Futures Trading Commission, often known as the CFTC, is Rostin Behnam, and he has said that he...

CFTC Calls for Default Judgement Against Ooki DAO in Ongoing Lawsuit

"On December 20, 2022, the Court deemed service on the Ooki DAO of the Complaint and Summons in this action complete as of that...

Missing lawsuit response date, Ooki DAO faces default judgment.

El Salvador has recently passed historic legislation that will provide the legal basis for a Bitcoin-backed bond to be issued in the country. This...

Web3 projects aim to create engagement between fans and sports leagues

The multi-billion-dollar sports industry is undergoing a digital transformation and Web3 elements are likely to play a major role. This notion was highlighted in...

Judge Directs CFTC To Sue Ooki DAO Creators

An early complaint was served on the DAO using a support chat box; however, a federal court later ruled that the regulator "shall serve...

US Judge in Ooki DAO Trial Orders CFTC to Serve Original Founders With Lawsuit

"At the hearing, the CFTC asserted it knew that some of Ooki DAO’s Token Holders reside and conduct business in the United States because...

Digital assets could add $40B a year to Aussie GDP: Tech Council report

Up to $40 billion a year (AU$60 billion), could be added to Australia's national GDP with the right regulatory framework and could lead to...

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