US Judge Allows Crypto Advocates to Join Ooki Defense Against CFTC

United States News News

US Judge Allows Crypto Advocates to Join Ooki Defense Against CFTC
United States Latest News,United States Headlines
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

A federal judge has ruled that LeXpunK_Army and the DeFi Education Fund can argue that the CFTC should not be able to serve Ooki DAO simply by posting in a website help bot.

, the same day LeXpunk filed its motion for leave to file the amicus brief. DEF filed its own motion a few days later. In Wednesday's ruling, the judge gave LeXpunK until Oct. 17 to file its amicus brief. DeFi Fund filed its own amicus brief alongside its motion for leave.

"Additionally, I interpret these requests as Motions for Reconsideration regarding my decision to permit alternative service in this case," the judge ruled. The CFTC has until Nov. 7 to oppose the DEF and LeXpunK filings, while the two groups can respond to the CFTC's motion within a week after. There will be a hearing on Nov. 30, 2022 to hear the motions.

The ruling throws a lifeline to Ooki DAO, which appears to have geofenced U.S. users, but otherwise had a handful of days left to formally respond to the CFTC.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

More soldiers are leaving the Army National Guard at a faster rate than they are enlistingMore soldiers are leaving the Army National Guard at a faster rate than they are enlistingOfficials say the number of soldiers retiring or leaving the Guard each month in the past year has exceeded those coming in, for a total annual loss of about 7,500 service members.
Read more »

EXCLUSIVE: Hazardous mold outbreak triggers Army order to inspect barracks, officesEXCLUSIVE: Hazardous mold outbreak triggers Army order to inspect barracks, officesThe Army has issued an order to inspect all its buildings around the world for mold after outbreaks at bases have left barracks uninhabitable, forcing soldiers into temporary housing.
Read more »

Army to expand recruiting programs, investment to fill ranksArmy to expand recruiting programs, investment to fill ranksThe Army plans to increase its investment in marketing and is expected to expand a new program for struggling recruits, but leaders on Monday offered few new details on how they'll fill the ranks after falling far short of recruiting goals this year.
Read more »

Microsoft's HoloLens-like Army device gets poor marks from soldiers'The devices would have gotten us killed.' Microsoft's military smart goggles failed four of six elements during a recent test, internal Army report says
Read more »

Microsoft's HoloLens-like Army device gets poor marks from soldiers'The devices would have gotten us killed.' Microsoft's military smart goggles failed four of six elements during a recent test, internal Army report says
Read more »



Render Time: 2025-02-21 12:41:59