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#79 - Jason Gottlieb on Pre-Crypto Scandals, DAOs and Legal Liability

Law of Code

CHAPTER

DAO Liability - Every Lawyer's Favorite Two Words

"Every lawyer's favorite two words. It depends," he says of DAO members liability. "It seems wildly implausible to me that you would stick anyone who votes on the DAO, much less anyone who holds a governance token with liability over the entirety of the DAO." The law is much more likely to say, guys, come on, you're a general partnership. You've come together for, you know, the sharing of profits and losses for this business enterprise. We're out, see, up, by.

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