24-09-2022 00:25 via coinjournal.net

CFTC orders crypto firm to pay $250,000 over registration violations

CFTC’s penalty against bZeroX, its founders and successor firm Ooki DAO relate to illegal offering of off-exchange crypto trading and for breaching the Bank Secrecy Act.
Ooki DAO operated renamed bZeroX protocol.
Regulator says actions are aimed at protecting US retail investors amid crypto’s rapidly growing market.The Commodity Futures Trading Commission (CFTC) imposed a $250,000 fine on crypto lending platform bZeroX and issued it a cease-and-desist order against it for illegal op
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