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

Law of Code

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What Is the Problem With DAO's and Liability?

A DAO is an informal business organization that may not be registered or fall within certain frameworks. There are laws that cover informal business organizations and we can apply that law to try to figure out, you know, who might be responsible. But the problem with DAO's and liability is that people can drift in and out of them,. I can buy their token, maybe, and then sell it five minutes later.

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