Ooki DAO Considers Options in CTFC Litigation: Will Decide the Fate of DAOs

Ooki DAO, at the helm of blockchain software protocol bZerox, is discussing possible moves to counter the Commodity Futures Trading Commission (CFTC) lawsuit.

Ooki DAO members from September 22 Since then, in the thread opened in the DAO forum, they have been discussing the actions that can be taken against the lawsuit brought against them by the CFTC. CFTC on Sept. black money and terrorist financing (AML) because it does not comply with the protocols and operates in the futures market without a license. bZerox exchange management team To Ooki DAO and in governance to voting members had sued.

The lawsuit caused market concern by including voting governance members as related parties. Many market participants believe that the outcome of litigation is that of other DAOs (decentralized autonomous organization) in the industry. will decide your fate is thinking.

Oaki DAO members for other DAOs can set a precedent discussed the moves that can be taken against this case. Among the options deemed appropriate for evaluation by the community so far allocation of a share from the treasury for a legal adviser or Collecting grants from the cryptocurrency ecosystem to be used in the litigation process exists.

As a result of the discussions, the DAO had a meeting to choose the move to take. go to vote Waiting. Financial professionals and lawyers the consequences of the case on future DAO litigation. effect thinks it will be very important.

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