The Commodity Futures Trading Commission (CFTC) announced that it had initiated and successfully settled legal actions against the Opyn, ZeroEx, and Deridex platforms. The three decentralized finance protocols allegedly failed to register various derivatives trading offerings.
As stated in the official press release, Deridex and Opyn faced allegations of not registering as a swap execution facility (SEF) or designated contract market (DCM), failing to register as a futures commission merchant (FCM), and neglecting to implement a customer identification program in accordance with the Bank Secrecy Act compliance program, which is mandatory for FCMs.
CFTC Issues Warning Against DeFi Protocols
The three platforms were also charged with illegally offering leveraged and margined retail commodity transactions in digital assets. Opyn, ZeroEx, and Deridex were ordered to pay civil monetary fines of $250,000, $200,000, and $100,000, respectively, and to cease and desist from violating the Commod
We współpracy z: https://cryptopotato.com/cftcs-enforcement-blitz-on-defi-protocols-attracts-backlash/
