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Commodity Futures Trading Commission, CFTC, asserted its jurisdiction over a decentralized autonomous organization, DAO, and its founders, signaling for the industry that even an unincorporated association cannot violate U.S. commodity derivatives regulations.
Commodity Futures Trading Commission, CFTC against a decentralized autonomous organization alleged certain automated crypto transactions conducted on a software protocol controlled and managed by a DAO was required to comply with the same registration requirements.