Second, and as discussed above, the CFTC cites the respondents’ public statements and marketing as examples of business control. For example, the commission points out that the co-founders “made public statements, appeared in interviews, wrote articles, led calls with community members that are publicly available on YouTube and otherwise publicly marketed and solicited members of the public to utilize the bZx Protocol” pre- and post-shifting technical control to the DAO, all as a form of business control.
Related posts
-
Notcoin price action and the lessons for Pi Network
Notcoin price has dropped sharply in the past few weeks, erasing over $1 billion in market... -
Valora Introduces ‘Mobile Stack’ to Simplify Web3 Apps on iOS, Android
July 5: Valora, a P2P payments app, introduced Mobile Stack, described as “an open protocol that... -
Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations
The National Power Administration of Paraguay (ANDE) has surprised cryptocurrency mining operators by raising power fees...