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.
Unless revised, proposed bill AB 1229 would allow any non-profit group in California to claim ‘decentralized’ status as a non-profit DAO.
Arbitrum’s first Arbitrum Improvement Proposal was shot down by the community, but implementation has already begun.
A California judge has ruled that DAO token holders may be liable for the actions of the DAO as part of a general partnership.
Ryan Breslow reportedly gave his $16 million DAO to a convicted fraudster, and his cryptocurrency yield company misrepresented its partners.
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.