Ooki DAO

A bankruptcy judge ruled on the BlockFi case (Pixabay)
CFTC Wins Lawsuit Against Ooki DAO
The regulator's victory serves as proof decentralized entities can face legal consequences for their dealings, contrary to popular beliefs.
A bankruptcy judge ruled on the BlockFi case (Pixabay)

(Tingey Injury Law Firm/ Unsplash)
The Liability of DAOs and Their Founders Has Been Put to the Test in Court
Decentralized autonomous organizations (DAO) are beginning to look like general partnerships in the eyes of U.S. courts.
(Tingey Injury Law Firm/ Unsplash)

U.S. Commodity Futures Trading Commission in Washington
CFTC Calls for Default Judgment Against Ooki DAO in Ongoing Lawsuit
A judge ruled last month the agency had properly served the DAO after two token holders were served with the lawsuit.
U.S. Commodity Futures Trading Commission in Washington

CDCROP: LEGO figure heads (Jan Huber/Unsplash)
BZeroX Founders Are No Longer Part of Ooki DAO, Lawyer Says
A federal judge this week ruled the CFTC should serve the Ooki DAO lawsuit to Tom Bean and Kyle Kistner.
CDCROP: LEGO figure heads (Jan Huber/Unsplash)

Commodity Futures Trading Commission CFTC logo (Mark Van Scyoc/Shutterstock)
US Judge in Ooki DAO Trial Orders CFTC to Serve Original Founders With Lawsuit
Federal Judge William Orrick said he did not previously know that Tom Bean and Kyle Kistner were current token holders at Ooki DAO.
Commodity Futures Trading Commission CFTC logo (Mark Van Scyoc/Shutterstock)

CDCROP: CFTC logo
CFTC Bypassed Legal Requirement in Trying to Serve Ooki DAO, Crypto Supporters Claim
Andreessen Horowitz, LexPunK and the DeFi Education Fund filed their responses to the CFTC.
CDCROP: CFTC logo

CFTC Chair Rostin Behnam (Danny Nelson/CoinDesk)
CFTC Pushes Back Against Amicus Briefs in Ooki DAO Lawsuit
Lawyers for the CFTC served notice of the lawsuit against the DAO via a website help bot and a forum post. The four amicus briefs say the CFTC wasn't playing fair.
CFTC Chair Rostin Behnam (Danny Nelson/CoinDesk)

CDCROP: Andreessen Horowitz (a16z) is a venture capital firm in Silicon Valley, California (Haotian Zheng/Unsplash)
Crypto Investor a16z Wants to Join Ooki DAO Defense Against CFTC
Andreessen Horowitz is just the latest entity looking to argue the commodities regulator must serve its lawsuit against individual members of the DAO, not the DAO itself.
CDCROP: Andreessen Horowitz (a16z) is a venture capital firm in Silicon Valley, California (Haotian Zheng/Unsplash)

Markets Daily Podcast Cover
Crypto Update | DAOs Aren't People, Crypto Lawyers Tell Court in CFTC's Ooki Case
With bitcoin, ether and much of the cryptocurrency market down today, plus a look at a hilarious way to get served, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Markets Daily Podcast Cover

CDCROP: LEGO figure heads (Jan Huber/Unsplash)
How Crypto Advocates Are Defending Ooki DAO
The case seemed bound to reach one specific conclusion, but not anymore!
CDCROP: LEGO figure heads (Jan Huber/Unsplash)