US court rules DAOs can face legal liability under partnership law

The US District Court for the Northern District of California has ruled that decentralized autonomous organizations (DAOs) can face legal liability under general partnership laws. Judge Vince Chhab...

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US court rules DAOs can face legal liability under partnership law

Source: CryptoSlate

The US District Court for the Northern District of California has ruled that decentralized autonomous organizations (DAOs) can face legal liability under general partnership laws. Judge Vince Chhabria’s decision, delivered on Nov. 18, establishes that DAOs and their identifiable members can be held accountable for legal actions. This judgment emerged from a lawsuit involving Lido […]

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