The CFTC Served Ooki DAO Papers By Posting Them in an Online Discussion Forum

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The CFTC Served Ooki DAO Papers By Posting Them in an Online Discussion Forum
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The CFTC is hoping that posting its lawsuit on Ooki DAO's website and filing it in a help chat bot are enough to be considered properly serving the defendants, giving them just 21 days to respond. cheyenneligon reports

, off-exchange tokenized margin trading and lending services – were notified of the lawsuit when a CFTC paralegal posted the complaint and other documents to an online discussion forum meant for DAO members to discuss governance issues, a CFTC attorney claimed in a court filing. The documents were simultaneously submitted through a help chat box on the DAO’s website.

The lawsuit, announced last week, is the first to be brought against members of a DAO by the CFTC, and could have wide-ranging consequences for DAO regulation in the future. Charges were also

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