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

Cryptocurrency News and Public Mining Pools

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 […]