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CFTC Settles Claims Against Founders of a Decentralized Protocol and Sues Its Successor DAO and Its Members, Pressing a Novel Theory of Liability | Skadden, Arps, Slate, Meagher & Flom LLP - Vimarsana News

CFTC Settles Claims Against Founders of a Decentralized Protocol and Sues Its Successor DAO and Its Members, Pressing a Novel Theory of Liability | Skadden, Arps, Slate, Meagher & Flom LLP

On September 22, 2022, the Commodity Futures Trading Commission (CFTC or Commission) (1) issued an order settling charges against protocol creator bZeroX, LLC and its founders, and (2)...