US Court Backs CFTC: Declares Olympus (OHM) and KlimaDAO (KLIMA) as Commodities

In a significant judicial development, a U.S. court in Illinois has ruled in favor of the Commodity Futures Trading Commission (CFTC), classifying the altcoins Olympus (OHM) and KlimaDAO (KLIMA) as commodities. This decision stands in stark contrast to the Securities and Exchange Commission’s (SEC) stance, which categorizes most altcoins as securities. Additionally, the court ordered

Source: CoinOtag