Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

California Court Rules That Ethereum Liquid Staking Solution Lido To Be Treated As Legal Entity

California Court Rules That Ethereum Liquid Staking Solution Lido To Be Treated As Legal Entity


The Daily Hodl
2024-11-19 23:01:54

A recent ruling from a California court has implications for decentralized autonomous organizations (DAOs), especially those involved in Ethereum (ETH) liquid staking. A California court ruled today that Lido DAO, which manages the Lido liquid staking protocol, is classified as a general partnership under California law, meaning its members could be held legally liable for The post California Court Rules That Ethereum Liquid Staking Solution Lido To Be Treated As Legal Entity appeared first on The Daily Hodl .


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.