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Expert Analysis

2 Cases Show DAOs May Face Increasing Legal Scrutiny

By Samson Enzer, Lewis Cohen and Gregory Mortenson ( December 3, 2024, 5:50 PM EST) -- The tidal wave of innovation unleashed by the emergence of cryptocurrencies in 2009 has led to lawsuits requiring courts to weigh in on novel legal issues — including whether tokens associated with a particular project are securities and, if so, which entities may be liable for offers or sales of those tokens in unregistered transactions. . . .

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