Ooki DAO ghosting CFTC lawsuit could see it lose the case
The CFTC wants a judge to rule in its favor after Ooki DAO failed to respond to a lawsuit alleging that it broke federal commodities laws.
Cryptocurrency news by Protos · Protos
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Show Notes
The Commodity Futures Trading Commission (CFTC) has requested that a federal judge impose a default judgement against Ooki DAO after it failed to respond to a lawsuit that alleged it violated federal commodities laws.
Ooki DAO -- formerly known as bZeroX -- is a decentralized crypto lending and borrowing protocol that offers users margin trading through loaned funds in order to increase trading exposure.
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