Lawsuits could be catastrophic for DAOs if denied ‘limited liability’
The VC firms sued in a California case were active in DAO management, much like general partners, said the court. They could face hefty lawsuits.
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The VC firms sued in a California case were active in DAO management, much like general partners, said the court. They could face hefty lawsuits.
Starknet is set to hold its first on-chain vote on Sept. 10. Hopefully, it will set a precedent for protocols to follow going forward.
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks.
