A US judge ruled in favor of the CFTC after Ooki DAO failed to respond to an enforcement action, setting a precedent that DAOs are liable for legal violations (Colin Wilhelm/The Block)

https://ift.tt/zo9j1eM

Colin Wilhelm / The Block:
A US judge ruled in favor of the CFTC after Ooki DAO failed to respond to an enforcement action, setting a precedent that DAOs are liable for legal violations  —  - The Commodity Futures Trading Commission won a default judgement against Ooki DAO after the group failed to respond.

from Techmeme https://ift.tt/IePAKQh