California Court Finds DAO Can be General Partnership
Ruling on an issue of first impression, the instant case offers the first court decision treating a DAO as a general partnership and ruling that anyone holding the appropriate DAO governance token at the relevant time could be liable in Sarcuni v. bZx DAO.
United States Kyle Kistner Autonomous Organization Commodity Futures Trading Commission Partnership Issue Defendants Tom Bean
Source: natlawreview.com