CFTC Targets DeFi Protocols Opyn, ZeroEx, and Deridex in Sweeping Crackdown

The U.S. derivatives markets regulator Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) protocols, Opyn, Inc., ZeroEx (0x), Inc., and Deridex, Inc. with offering illegal derivatives trading. According to an official statement released on Thursday, these allegations stem from the utilization of blockchain-based protocols and smart contracts by the three firms to function as trading platforms, a practice that the CFTC deems unlawful. ... Read More: CFTC Targets DeFi Protocols Opyn, ZeroEx, and Deridex in Sweeping Crackdown