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

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

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 [...]