Ooki DAO, US Commodity Futures Trading Commission (CFTC) He began to argue in the community about how to respond to the recent lawsuit filed by the DAO against the DAO.
Ooki DAO Prepares to Fight US Corporation
In the lawsuit filed by the CFTC, Ooki DAO engaged in illegal activities, bZx claims to be an unincorporated community that operates an unlicensed exchange named
The founders of the exchange recently met with the regulatory agency. 250,000 He had a dollar deal.
As part of complaints filed against the DAO, the CFTC says community members participating in the management vote are responsible for Ooki’s alleged wrongdoings.
DAO members are currently debating the appropriate response to the CFTC’s case. One of these responses involves allocating treasury funds for legal advice to DAO members.
The Ooki community is also considering the idea of raising additional funds for a possible legal appeal against the CFTC’s complaint.
The idea was to get support from DeFi and the crypto community to support the legal battle of the Ooki DAO.
NFTs are also being identified as another possible fundraising avenue for legal defense of DAOs. The Community has set up a fundraiser to raise funds for this effort. NFT discusses the possibility of publishing the collection.
CFTC’s lawsuit against Ooki cryptocurrency received very harsh reactions from different parts of the world.
Many lawyers and commentators have expressed concern over the CFTC’s approach, its negative implications for DAOs and decentralized governance in general.
*Not investment advice.
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