While, as Dilendorf pointed out, the action was a “wake-up call” for crypto founders who think a DAO is a shield from regulation, attorneys have also pointed out that it’s a wake-up call for industry participants who have groused about crypto regulation under the SEC, assuming that the CFTC would make a more favorable regulator.
CFTC’s Ooki DAO Action Shatters Illusion of Regulator-Proof Protocol
