CFTC Chastised For ‘Blatant Regulation Via Enforcement’
The CFTC’s measures are being strongly opposed by its own commissioner. A lawyer complained at length about the SEC abusing CFTC`S tactic. Reportedly, Ooki DAO violated CEA and CFTC rules with impunity. After bringing a federal civil enforcement action against members of the decentralized autonomous organization Ooki DAO for digital asset trading violations, the Commodity Futures Trading Commission (CFTC) drew harsh condemnation from the community which was unexpected. The CFTC announced on September 22 that it had filed and simultaneously resolved charges against Tom Bean and Kyle Kistner, the creators of decentralized trading platform bZeroX, for their participation in “illegally
