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Michael Veale

Delicious chaos as another DAO found to be an inadvertent general partnership in CA gizmodo.com/judge-rules-decent

The nature of that kind of chaos (in England & Wales): unlimited liability for the partners, much of which cannot be contracted away; liability focussing on the the more visible partners, and inability for the DAO to hold assets without contract. cloud-platform-e218f50a4812967

Someone who flagged this early on in the US is Carla Reyes in a 2019 article: gwlr.org/wp-content/uploads/20

Gizmodo · Judge Rules Decentralized Autonomous Organizations Aren’t So Decentralized in the Eyes of the LawCrypto's libertarian dreams continue to be thwarted by legal realities.

@mikarv problematic in the UK, too, with the additional hurdle of regulations relating to “collective investment schemes” scl.org/12768-should-english-l