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No Exemption For DAO From Commodity Exchange Act And CFTC Regulations For Operating A Decentralized Exchange Rules California-Based Federal Court - Commodities/Derivatives/Stock Exchanges

A decentralized autonomous organization is an unincorporated association under California and federal law that is liable for violations of the Commodity Exchange Act (CEA) and regulations...
United States Ooki Dao Ian Mcginley Zachary Coburn Kyle Kistner Commodity Futures Trading Commission
Source: mondaq.com

DAO Deemed 'General Partnership' in Negligence Suit over Crypto Hack, Prompting Decentralized Orgs to Rethink Corporate Formation | Proskauer - Blockchain and the Law

In what appears to be an issue of first impression, a California district court ruled that various defendants allegedly holding governance tokens to the bZx DAO (or “Decentralized...
United States Kyle Kistner Commodity Futures Trading Commission Autonomous Organization Partnership Issue Defendants Tom Bean

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CFTC Delivers Notice to Ooki Via Chat Box: Important Legal Questions for DAOs | Shearman & Sterling LLP

The United States District Court for the Northern District of California (the “Court”) recently held that a decentralized autonomous organization (DAO) could be served via its online...
United States Defi Education Fund Us Commodity Futures Trading Commission Northern District Of California The Court Ooki Online Forum The Judgment Shearman Sterling

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