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Why did the CFTC file an enforcement action against bzerox?

On the same day as the bZeroX settlement was announced, the CFTC filed an enforcement action against the Ooki DAO (successor to bZeroX) for violating those same regulations.

Does the CFTC's action against Ooki dao have a chilling effect?

The petition called for more “clarity and certainty” from the Commission on the obligations and liabilities of individual DAO participants. Haun Ventures claimed that the CFTC’s action against Ooki DAO has had a chilling effect on DAOs in general and disincentivizes participation by good actors.

Did bzerox transfer control of the BZX protocol?

According to the CFTC, a month prior to this settlement announcement, bZeroX transferred control of the bZx Protocol to the bZx DAO, a decentralized autonomous organization (“DAO”), which later renamed itself as the Ooki DAO.

Does Ooki DAO operate bzerox?

According to the complaint, the Ooki DAO operates — and bZeroX operated — the bZx Protocol, a decentralized blockchain-based protocol that allegedly offered, entered into, accepted and executed digital asset transactions that constituted “retail commodity transactions” in violation of the Commodity Exchange Act (CEA) and Commission regulations.

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