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Michael Bacina, Steven Pettigrove, Tim Masters, Jake Huang, Luke Higgins, Luke Misthos and Kelly Kim of the Piper Alderman Blockchain Group bring you the latest legal, regulatory and project updates in Blockchain and Digital Law. A Tokenised Future for Australia's Financial System?
L Higgins and M Bacina 2 min read A potentially significant decision was reached in the Sarcuni v bZx DAO class action earlier this week. The Court rejected a motion to dismiss brought by DAO members who held governance tokens (BZRX), on the basis that the DAO in question is possibly a general partnership at law, which means token holders could potentially be found to be liable personally for actions of the DAO.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
