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Posted on by BitcoinGuide.com

New Interest in DAOs Prompts Old Question: Are They Legal?

New Interest in DAOs Prompts Old Question: Are They Legal? – CoinDesk

“Ethereum is only now starting to shrug off its ‘PTSDAO,'” tweeted Ameen Soleimani, the SpankChain CEO and creator of a now-$1.2 million decentralized autonomous organization (DAO) called the MolochDAO. After an infamous hack drained ” The DAO ” of roughly $60 million in 2016, developers have been hesitant to kickstart new projects in its likeness.








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