Business

CTFC criticized for ‘blatant regulation by enforcement’ over Ooki DAO case According to Cointelegraph



CTFC criticized for ‘blatant regulation by enforcement’ in Ooki DAO case

The Commodity Futures Trading Commission (CFTC) has sparked strong criticism from the community after it filed a federal civil enforcement action against members of the Ooki DAO decentralized autonomous organization over digital asset trading violations.

In one day September 22 releaseThe CFTC states that it has filed and simultaneously settled charges against the founders of the bZeroX decentralized trading platform Tom Bean and Kyle Kistner for their role in the “illegal provision of transactions.” Leveraged retail and margin trading in digital assets”