Wednesday, March 29, 2023

A US court rules bZx protocol meets the definition of a general partnership and finds token holders of the DAO liable for losses from a $55M hack in 2021 (Sam Reynolds/CoinDesk)

Sam Reynolds / CoinDesk:
A US court rules bZx protocol meets the definition of a general partnership and finds token holders of the DAO liable for losses from a $55M hack in 2021  —  Decentralized Autonomous Organizations (DAOs) are beginning to look like general partnerships in the eyes of U.S. courts.



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Sources: JPMorgan Chase terminated its banking relationship with Polymarket in 2025 over regulatory concerns, though it still maintains some ties to the company (Financial Times)

Financial Times : Sources: JPMorgan Chase terminated its banking relationship with Polymarket in 2025 over regulatory concerns, though it...