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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

JUNE 14, 2023

On June 8, the Commodities Futures Trading Commission (CFTC) obtained a default judgment against a decentralized autonomous organization (DAO) Ooki Dao in the U.S. District Judge William H. with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency.

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