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California Court Finds DAO Can be General Partnership

Published: April 29, 2023

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.

Source: natlawreview.com

Related Topics:

United StatesKyle KistnerAutonomous OrganizationCommodity Futures Trading CommissionPartnership IssueDefendants Tom BeanOoki ProtocolHashed InternationalLeveragebox DefendantsHashed DefendantsLeveragebox DefendantUniform Nonprofit Associations ActArcuniv Bzx DaoDecentralized Autonomous OrganizationCommodity Futures Trading CommissionE BzeroxGeneral PartnershipShared Liability