CFTC Comes After DeFi Firms: ‘Smart Contracts Don’t Make Unlawful Transactions Legal’

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The U.S. Commodity Futures Trading Commission (CFTC) has taken stringent action against three decentralized finance (DeFi) firms. This latest development comes as the world of digital assets continues to draw attention, a focus that will also be explored in the upcoming Benzinga’s Future of Digital Assets conference. Opyn, Inc., ZeroEx, Inc., and Deridex, Inc. have all been charged by the CFTC for various violations, including the failure to register as mandated and for facilitating illicit transactions. Also Read: Crypto Exchange Founder Gets One Of History’s Longest Jail Sentences — 11,196 Y…

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