A16z Crypto’s Miles Jennings posted on X that the ruling is a “huge blow” to decentralized governance. A United States federal judge ruled that participants in decentralized autonomous organizations (DAOs) can be held liable for the actions of other members under state partnership laws. On Nov. 18, Judge Vince Chhabria of the United States District…
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Judge Phyllis Hamilton found XRP could be a security when sold to retail and gave the go-ahead to a class-action lawsuit over statements from Ripple CEO Brad Garlinghouse. A United States federal court judge has greenlit a civil securities lawsuit against Ripple Labs, denying its summary judgment bid in a suit alleging its CEO broke…
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Central issues: Lead representative Gavin Newsom signs a bill to explain California crypto guideline. Notwithstanding being a conspicuous promoter for blockchain and crypto innovation, Newsom’s past endeavors have confronted difficulties. The California crypto guideline plans to lay out a structure for the area’s development and strength. According to Bloomberg Law, California’s Governor Gavin Newsom has signed…
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