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Unauthorized Cryptocurrency Betting Jeopardizes Jockey Racing Integrity, Warns HKJC Expert

Unauthorized Cryptocurrency Betting Jeopardizes Jockey Racing Integrity, Warns HKJC Expert

During a presentation at the Asian Racing Conference in Cape Town, South Africa, Tom Chignell, a Hong Kong Jockey Club expert, warned that illegal cryptocurrency betting markets could seriously compromise jockey racing integrity.

Online Travel Agencies Booking.com and Travala.com Enters Into Strategic Partnership for Mass Adoption of Crypto

Online Travel Agencies Booking.com and Travala.com Enters Into Strategic Partnership for Mass Adoption of Crypto

Travala.com, a crypto-friendly travel platform founded in 2017 and Booking.com, an online travel agency established in 1996 have signed a strategic partnership deal that is aimed at encouraging the mass adoption of cryptocurrency.

Animoca Brands Reports US$402 Million Bookings for 2022

Animoca Brands Reports US$402 Million Bookings for 2022

Animoca Brands, a leading digital entertainment and blockchain technology company, reported strong financial performance in 2022, with bookings reaching A$594 million and a strong liquidity position, despite expanding its business portfolio.

Judge Directs CFTC To Sue Ooki DAO Creators

Judge Directs CFTC To Sue Ooki DAO Creators

The Commodities Future Trading Commission (CFTC) must serve its complaint to the Ooki decentralized autonomous organization's two founders, according to a federal court. The DAO was first served a lawsuit through a support chat box, but a federal court ordered the regulator to "serve at least one identified Token Holder". After discovering Bean and Kistner were Oki DAO token holders, Judge Orrick evaluated the CFTC's litigation service. The CFTC and amicus brief filers appeared before the U.S. District Court for the Northern District of California on Dec. 7. "Illegally providing leveraged and margined retail commodities trades in digital assets" via bZeroX led to Bean and Kistner's CFTC settlement. It sued Ooki DAO, claiming it used bZerox's software after taking control.

Missing lawsuit response date, Ooki DAO faces default judgment.

Missing lawsuit response date, Ooki DAO faces default judgment.

The CFTC is seeking a default judgment against Ooki DAO. DAO missed the lawsuit response deadline. The record of default will show that the DAO did not appear in court. The court issues a default judgment if the defendant fails to defend a case.

Coinbase Suspends Trading for $MULTI, $VGX, $OOKI, DDX, JUP, BOND

Coinbase Suspends Trading for $MULTI, $VGX, $OOKI, DDX, JUP, BOND

Coinbase has suspended trading for six cryptocurrencies, BarnBridge, DerivaDAO, Jupiter, Multichain, Ooki, and Voyager, due to recent reviews. Users can still withdraw funds, but the delisting is expected to trigger a downtrend, highlighting regulatory compliance challenges.

Lawsuit against Ooki DAO Takes New Twist as CFTC Commissioner Dissents Ruling

Lawsuit against Ooki DAO Takes New Twist as CFTC Commissioner Dissents Ruling

The regulator said Ooki DAO offered digital asset margin trading, which they’re not permitted by law to do.

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).

Ooki DAO Seeks Legal Defence against CFTC Drawing on Community Support

Ooki DAO Seeks Legal Defence against CFTC Drawing on Community Support

With the lawsuit from the CFTC now filed, the DAO has opened a public forum for discussion such that its members will explore the best avenues to respond to the lawsuit.

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