Oops, They Did It Again: CFTC Fines BZerox and Its Founders $250K for Off-Exchange Crypto Trading, Plus Bonus Charges for Ooki DAO!
Unraveling the Fine Print: CFTC Slaps a $250K Fine on bZeroX What Happened? According to the CFTC, bZeroX found themselves in hot water when they purported to offer users the ability to engage in transactions in a decentralized environment. However, the regulator deemed these transactions unlawful as they were required to take place on a…