Jay Schleppenbach

Jay Schleppenbach

Dechert LLP

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Federal Court Holds DAO Members Can Be Treated as General Partners Subject to Joint and Several Liability

A Southern District of California federal district court in Sarcuni v. bZx DAO held on March 27, 2023, that decentralized autonomous organizations (“DAOs”), which are member-owned communities that maintain financial records...more

4/12/2023  /  Blockchain , Cryptocurrency , Decentralized Autonomous Organization (DAO) , Decentralized Finance (DeFi) , Digital Assets , General Partnerships , Indicia of Control , Joint and Several Liability
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