CFTC wins precedent-setting lawsuit against Ooki DAO
U.S. District Judge William Orrick ruled in favor of the CFTC in its lawsuit against Ooki DAO, ordering Ooki DAO to shut down and pay a civil monetary penalty of $643K.
U.S. District Judge William Orrick ruled in favor of the CFTC in its lawsuit against Ooki DAO, ordering Ooki DAO to shut down and pay a civil monetary penalty of $643K.
District Judge William Orrick says the Commodity Futures Trading Commission should serve a lawsuit against Ooki DAO founders Tom Bean and Kyle Kistner, as doing so would satisfy the law's requirements.