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US Court Holds DeFi Developer Cannot Be Held Liable for 3d Party Bad Actors; A Week Later, CFTC Suggests Contrary View Over One Commissioner's Dissent | Katten Muchin Rosenman LLP

A developer and financial backers of a renowned decentralized finance protocol cannot be held liable to private litigants for the activities of unrelated bad actors that utilized the...
United States New York Katherine Polk Failla Katherine Pol Failla Opyn Inc Commodity Futures Trading Commission

US Court Holds DeFi Developer Cannot Be Held Liable For 3d Party Bad Actors; A Week Later, CFTC Suggests Contrary View Over One Commissioner's Dissent - Commodities/Derivatives/Stock Exchanges

A developer and financial backers of a renowned decentralized finance protocol cannot be held liable to private litigants for the activities of unrelated bad actors that utilized the protocol...
United States New York Katherine Pol Katherine Polk Failla Opyn Inc Trading Commission
Source: mondaq.com

CFTC issues orders against 3 DeFi operators for illegal derivatives trading

The Commodity Futures Trading Commission today continued its enforcement focus in the digital asset decentralized finance (DeFi) space, by issuing orders simultaneously filing and settling charges against Opyn, Inc., a Delaware-registered company based in California; ZeroEx, Inc., a Delaware company based in California; and Deridex, Inc., a Delaware company based in North Carolina.
United States North Carolina Manalm Sultan Lenel Hickson Jr Jacob Mermelstein Jack Murphy

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