A US federal judge created a potentially significant precedent after ruling that participants in a DAO, a decentralized autonomous organizations, can be held liable for the actions of other members.
A few days ago, a judge of the United States District Court for the Northern District of California determined that governing bodies behind Lido DAO are basically the same as partners in a company to the effect of the law.
Translated, if your business partner in a company does something dumb or illegal, you may be liable.
In the same way, if somebody else from the same DAO as you does something dumb or illegal, you may be liable.
The ruling came as a bi-product of a lawsuit filed by an investor who bought tokens issued by Lido DAO.
The investor said he’s entitled to do so because Lido DAO tokens are securities. That opens an entirely different can of worms so we’re going to leave it at that for now.
What do you think? Should members of a DAO be responsible for what their ‘partners’ are doing?
bitcoinea 
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