Description
The CFTC sues Ooki DAO for providing unlawful off-exchange leveraged and margined retail commodity transactions.
Legal Significance
First-of-its-kind ruling that a decentralized platform could be held responsible for violating commodities laws.
Status
Settled
Case No.
3:22-cv-05416
Date Filed
September 22, 2022
Plaintiff
CFTC
Defendant
Ooki DAO (formerly d/b/a bZx DAO)
Court
USDC Northern District of California San Francisco Division
Plaintiff Counsel
Thomas L. SimekAnthony C. Biagioli
Defendant Counsel
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Major Filings
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Complaint Filed
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