DAO status won't save you from the US regulator!
The US regulator strikes again and the days of evading legal oversight by claiming you’re “decentralized” are gone!
The court also clearly explained that the Decentralized Autonomous Organization (DAO) is, in fact, an “unincorporated association”, as defined by California and federal law.
On this occasion, the U.S. Commodity Futures Trading Commission won…
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