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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Everything about this DAO is designed to be completely anonymous and invisible on the blockchain, said Bitcoin OG Amir Taaki. A pioneering Bitcoin developer claims to have created the first fully anonymous onchain decentralized autonomous organization (DAO) with a mission to “defend freedom.” In a post on X on Aug. 12, OG Bitcoin developer Amir Taaki unveiled an…
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The Utah DAO Act, which gives DAOs legal recognition and protections against limited liability, was passed by the Utah State Legislature. Act HB 357, the Utah Decentralized Autonomous Organizations Act (Utah DAO Act), was approved by the Utah State Legislature. This new law frames DAOs as “Utah LLDs,” giving them limited liability and legal recognition.…
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