DAO Members Deemed Liable Under California’s Partnership Regulations

2 months ago 26

In a major legal decision, a United States Judge in California directed that Decentralized Autonomous Organizations (DAOs) should be recognised as partners as stipulated by the state’s partner laws. Accordingly, this new verdict supports that each DAO ($1.96) member becomes liable for the activities of other DAO members. For this ruling, US Judge Vince Chhabria used…

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