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Court Rules CFTC Legally Served Ooki DAO Through Help Bot

From coindesk.com

The Commodity Futures Trading Commission (CFTC) can serve a decentralized autonomous organization (DAO) through a website help bot and forum post, a federal court ruled Monday. The CFTC appropriately served Ooki DAO, which it alleges offers illegal leveraged and margined trades without a Futures Commission Merchant designation or know-your-customer program, on Sept. 22, 2022, the District Court for the Northern District of California further ruled. The ruling came the same day a group of crypto lawyers and developers filed to join the CFTC's case against Ooki DAO, claiming the regulator's efforts to hold the DAO's ... (full story)

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