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Bitcoinist
2022-09-23 22:13:42

CFTC Files Its First Case Against A DAO, bZeroX, For Operating Illegally

CFTC Files Its First Case Against A DAO, bZeroX, For Operating Illegally

The U.S. Commodity and Future Trading Commission (CFTC) has filed a case against an autonomous decentralized organization (DAO) protocol, bZeroX, and its founders, Tom Bean and Kyle Kistner, for operating illegal activities. The Commission also penalized the platform for $250,000 and ordered it to be ceased and desist from the industry. As per the CFTC’s […]

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