US Judge Allows Crypto Advocates to Join Ooki Defense Against CFTC

Late on Wednesday, a federal judge determined that two groups of cryptocurrency supporters could make the case.

The Commodity Futures Trading Commission (CFTC) shouldn't be allowed to assist DAO members through a website help bot.

LeXpunK Army, a collective of attorneys and software developers, as well as the DeFi Education Fund (DEF), a lobbying organisation, were given permission to submit amicus arguments

also known as friends of the court papers, by U.S. District Judge William Orrick of the Northern District of California.

In their request to join the case, the two parties argued that, rather than serving the DAO directly through a website chat bot, the CFTC should identify and directly serve Ooki DAO 

The CFTC sued Ooki DAO last month on the grounds that, like its forerunner company bZeroX, the collective group sold illegal leveraged and margin trading products. 

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Is crypto suffering from the same ills as TradFi?