cftc-files-first-lawsuit-against-dao

CFTC Files First Lawsuit Against DAO

The Commodity Futures Trading Commission (CFTC) has filed its first lawsuit against a decentralized autonomous organization (DAO). The holders of governance tokens have also been sued alongside the accused DAO. As part of the lawsuit, a $250,000 penalty and settlement have to be settled by bZeroX, LLC and its founders