Sarcuni v bZx DAO (2023) explores liability within Decentralised Autonomous Organisations (DAOs), highlighting legal challenges in defining DAO membership as a general partnership and addressing security negligence in crypto protocols leading to substantial financial losses.
Also known as:Christian Sarcuni et al v bZx DAO et al
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🏛️ Court: U.S. District Court, Southern District of California 🗓️ Initial Judgment Date: 2 May 2022 🗂️ Case Number: No. 3:2022cv00618 - Document 49 (S.D. Cal. 2023) 📍 Jurisdiction: United States
Liability in General Partnerships: The case explores the concept that members of a Decentralised Autonomous Organisations (DAOs) can be considered as part of a general partnership under U.S. law. This classification subjects each member to joint and several liability for the actions of the partnership, significantly impacting how members of decentralised organisations might be legally accountable.
