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

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... source: https://dailyhodl.com/2024/11/19/california-court-rules-that-ethereum-liquid-staking-solution-lido-to-be-treated-as-legal-entity/