December 22, 2024

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Can DAOs Be Sued? Insights From Lido’s Recent Case

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Can DAOs Be Sued? Insights From Lido’s Recent Case
Can DAOs Be Sued? Insights From Lido’s Recent CaseAccording to a recent decision from the US District Court for the Northern District of California, decentralized autonomous organizations, or DAOs, may not provide the liability protection the industry once thought. In a seminal case, a Federal Court in California ruled that, despite the governing body being a DAO, several prominent investment firms may in […]