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Ooki DAO Default Judgment: Regulators Still Face Many Technical and Legal Challenges in Regulating Smart Contracts

The Commodity Futures Trading Commission (CFTC) won what it described as a “sweeping victory” in its case against Ooki DAO, in which the CFTC alleged that the decentralized autonomous organization (DAO) operated an illegal...more

Do DAOs Need to Worry About Infringing Patents? MakerDAO and Compound Protocol Serve as Test Cases

Certain decentralized autonomous organizations (DAOs) are currently named as defendants in different court cases. However, the patent infringement cases in which True Return asserts that MakerDAO and Compound Protocol...more

Will DAOs Be Patent Litigants?

Decentralized autonomous organizations (DAOs) are a popular way to organize technical projects. They perform significant work in multiple areas, especially developing crypto financial software systems. As such, they may one...more

The SEC’s Limited Guidance on Crypto Tokens in No-Action Letters

The Securities and Exchange Commission (SEC or Commission) has been accused of “regulation by enforcement” when it comes to the standard for determining whether a crypto token is a security. Part of this stems from the fact...more

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