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Persons Who Vote Governance Tokens in a DAO are Liable for CFTC - Vimarsana News

Persons Who Vote Governance Tokens in a DAO are Liable for CFTC

Published: September 30, 2022

The CFTC's theory that all persons who vote governance tokens in a DAO are effectively members of the DAO and therefore, personally are jointly and severally liable for all CEA and CFTC regulations' violations by the DAO, has not yet been affirmed by any court.

Source: natlawreview.com
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United StatesUnited KingdomEthereum BlockchainJacob GersztenDanm BerkovitzAaron WrightLael BrainardDan BerkovitzNathan SwemFrancesca CarapellaCarolinea CrenshawZachary CoburnCaroline CrenshawEdward DumasGary GenslerJitesh ThakkarKyle KistnerMotion For Alternative ServiceInternational Organization Of Securities CommissionsUnited States District CourtOnline ForumWj Howey CoCommodity Futures Trading CommissionAsset Management Derivatives ForumAspen Security Forum
Holders of DAO Governance Tokens Beware: According to the CFTC, Voting May Be Hazardous to Your Well-Being | Katten Muchin Rosenman LLP - Vimarsana News

Holders of DAO Governance Tokens Beware: According to the CFTC, Voting May Be Hazardous to Your Well-Being | Katten Muchin Rosenman LLP

Published: September 30, 2022

Natural persons and legal entities are potentially jointly and severally liable for all of a decentralized autonomous organization's (DAO) violations of the Commodity Exchange Act (CEA)...

Source: jdsupra.com
Related Topics:
United StatesEthereum BlockchainJacob GersztenDanm BerkovitzLael BrainardDan BerkovitzNathan SwemFrancesca CarapellaZachary CoburnCaroline CrenshawEdward DumasGary GenslerJitesh ThakkarKyle KistnerMotion For Alternative ServiceInternational Organization Of Securities CommissionsUnited States District CourtOnline ForumWj Howey CoCommodity Futures Trading CommissionSupreme CourtExchange CommissionEdge Financial Technologies IncCommodity Exchange ActSecurities Exchange