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#101 - Legal Wrappers for DAOs: DAO Research Monthly

Law of Code

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The Dangers of Auditing Cryptocurrencies

We have seen some very major catastrophes in the financial market because organizations have pretended or at least implied that what they're doing is on chain. Snake oil sales folk can use the confusion to their advantage and then we all think that they're members of our community when they're actually exploiting our community. Audits are interesting too right because an audit isn't necessarily a guarantee that it can't be exploited.

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