Lawsuits could be catastrophic for DAOs if denied ‘limited liability’

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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.

Source: Cointelegraph.com News

#Law, #DAOs, #Decentralization, #LidoDAO, #AndreessenHorowitz, #Regulation, #California