Lido DAO Participants Can Be Held Liable Declares US Court

Quick Summary:

District Court judge has classified Lido DAO as a general partnership, setting a new precedent for decentralized organizations (DAOs).

It’s important particularly when it comes to liability and securities regulations.

This decision could have wide implications for how profit-driven DAOs are treated under U.S.law.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sarala

Category: Crypto

Markets: United Arab EmiratesJapan

Topics: Market News Lido DAO SEC Lido

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 10:51:58 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 192 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23699392

View Article Analysis

About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 38 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

Frequently Asked Questions