Discover and read the best of Twitter Threads about #OokiDAO

Most recents (2)

1/SBF y FTX están llevándose toda la atención mediática. Mientras, está pasando desapercibido otro tema que puede sentar precedentes en crypto.
CFTC v Ooki DAO (O el increíble caso del Regulador que notificó una citación a una DAO a través del chat de ayuda de la web.
Increíble? Image
Bienvenidos al #LegalWeb3 donde, independientemente de gustarte más o menos los Criptoactivos o la Blockchain, desde luego no vas a aburrirte.
En este capítulo el futuro de las DAOs.
Para contextualizar, en USA actualmente hay dos reguladores peleandose por la jurisdicción sorbre los Criptoactivos, la #SEC y la #CFTC. Dentro de la industria #Crypto siempre se ha visto a la SEC como la más intrusiva y law enforcer y la CFTC como la más alineada.
Read 25 tweets
CFTC brings first regulatory action against an alegal #DAO, charging #OokiDao with operating an unlicensed FCM; seeking disgorgement, restitution, civil moneyary penalties, trading and registration bans and injunctive relief. Lots to talk about here: /1 cftc.gov/PressRoom/Pres…
allegations in claim against Ooki #Dao characertize it as an "unincorporated association comprised of holder of Ooki Tokens" and legacy BZRX Tokens who have voted those tokens to govern (e.g. to modify, operate market and take other actions w/r/t the Oooki Protocol." /2
This a huge distinction. While the #DAO is itself a named party, it is unincorporated which leads to all sorts of material questions about who can be sued for what. In this case the complaint makes clear that the Dao is those who (a) have tokens and (b) have voted to govern. /3
Read 17 tweets

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