From $60M failure to crypto ‘scam cop’: The reinvention of 0xSisyphus
Unpunished rug-pullers rebrand as moralizing scam cops and key opinion leaders while their victims stay wrecked.
Read more (2 min) →Results for Crypto, Crypto, DAO
16 stories, newest first
Blockchain dev says DAOs don’t work, elected leaders are the answer
Martin Krung wants to replace DAOs with decentralized hierarchical organizations, including elected leaders and hierarchical decision-making.
— BarnBridge, Crypto
Allegedly decentralized ‘credit market’ shutters after attorney Discord post
DeFi protocol BarnBridge DAO immediately halted operations after a lawyer warned that token-holders could be personally liable.
California lawmaker wants to legitimize the incorporation of DAOs
Unless revised, proposed bill AB 1229 would allow any non-profit group in California to claim 'decentralized' status as a non-profit DAO.
Judge says token holders could be liable for DAO hacks
A California judge has ruled that DAO token holders may be liable for the actions of the DAO as part of a general partnership.
The story of Ryan Breslow and his crypto catastrophes
Ryan Breslow reportedly gave his $16 million DAO to a convicted fraudster, and his cryptocurrency yield company misrepresented its partners.
Ooki DAO ghosting CFTC lawsuit could see it lose the case
The CFTC wants a judge to rule in its favor after Ooki DAO failed to respond to a lawsuit alleging that it broke federal commodities laws.
Explained: CFTC proves DAOs are not ‘enforcement-proof’
The CFTC says Ooki DAO offered illegal commodity transactions and engaged in activities that require it to register with the regulator.
Vitalik argues why DAOs should shun the corporate approach
Ethereum creator Vitalik Buterin outlined why, when it comes to governance, DAOs should resist the urge to copy traditional corporations.
Tribe kills DAO, overrules vote to pay crypto debt
Tribe DAO is grappling with the fallout of shutting down a DAO, with questions about how to distribute remaining assets front and centre.