A federal appreciate has sided with the U.S. Commodity Futures Trading Commission (CFTC) in a lawsuit alleging decentralized autonomous organization (DAO) Ooki DAO offered unregistered commodities, voiding an industry-wide perception that decentralized finance (DeFi) actors are immune to regulatory scrutiny.
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In December 2020, the SEC filed a lawsuit against Riffle Labs, accusing the company of …