California Court Declares Lido DAO a General Partnership, Exposing Members to Liability
A federal court ruled that Lido DAO can be treated as a general partnership under state law, rejecting Lido's claim of not being a legal entity. The court's decision sets a precedent for how profit-driven DAOs are handled in the future.
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California Court Declares Lido DAO a General Partnership, Exposing Members to Liability
A federal court ruled that Lido DAO can be treated as a general partnership under state law, rejecting Lido's claim of not being a legal entity. The court's decision sets a precedent for how profit-driven DAOs are handled in the future.