How can decentralized autonomous organizations (DAOs) be more resilient? Gabriel Shapiro, general counsel at Delphi Labs, and Fatemeh Fannizadeh, lawyer and researcher at Geneva-legal.ch, survey the landscape and offer their insights on what will fuel the next wave of DAO innovation. Are new rules from U.S. states like Wyoming and Utah a boon for DAO creation? Or will the proceedings against Ooki DAO by U.S. regulators cast a pall on this emerging segment of the Web3 world?
Show highlights:
- how Gabriel and Fatemeh determine whether something is actually a DAO
- the pressing legal issues around DAO formation
- where the liabilities lie in these types of organizations
- Delphi Labs’ new “borg” concept and the problems it aims to solve
- what jurisdictions are more appropriate for different DAOs
- the nuances of Wyoming’s DAO LLC law
- Utah’s Introduction of LLDs – limited liability DAOs – and why it is innovative
- why the CFTC filed a lawsuit against Ooki DAO
- whether governance token holders are liable for the DAO’s actions
- how the Ooki lawsuit will impact how DAOs structure their activities in the future
- what happened in the MakerDAO case and its implications
- why Fatemeh and Gabriel disagree on whether the Mango DAO’s agreement to not pursue actions against Avi Eisenberg was legally binding
Thank you to our sponsors!
Guests:
- Gabriel Shapiro, general counsel at Delphi Labs
- Previous appearances on Unchained:
- What Does Mango Markets Exploiter Avi Eisenberg’s Arrest in Puerto Rico Mean for DeFi?
- Fatemeh Fannizadeh, lawyer and researcher at Geneva-legal.ch
- Lawmakers In New Hampshire And Utah Recognize DAOs As Legal Persons
Links
MakerDAO:
- CoinDesk: Crypto Investors’ $28M ‘Black Thursday’ Lawsuit Against DeFi Giant Maker Dismissed by US Judge
Mango Markets:
- CoinDesk: Legal Expert Says Mango Markets Exploit Case Is Wake-Up Call for DAOs
- Avi Eisenberg Detained Unlike SBF As Mango Labs Is Denied Injunction But TRO to March 15
- Unchained:
- The Mango Markets Attacker on Whether His ‘Trade’ Was Ethical or Not
- CFTC Charges Mango Markets Exploiter With Market Manipulation
- Mango Markets Exploiter Arrested on Market Manipulation Charges
Tornado Cash
- Unchained:
- The Chopping Block: Did OFAC Overstep by Sanctioning Tornado Cash?
- Given the Sanctions on Tornado Cash, Is Ethereum Censorship Resistant?
- Tornado Cash Sanctioned. Did the Government Overstep Its Bounds?
Ooki DAO:
- Unchained: Why the Ooki DAO Case Could Hurt Participation in DAOs
- CoinDesk: Interpreting the CFTC’s Lawsuit Against Ooki DAO
Wyoming law
Utah
- The National Law Review: Utah Passes Innovative DAO Legislation
Learn more about your ad choices. Visit megaphone.fm/adchoices
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: https://unchainedcrypto.com/podcast/are-daos-strong-enough-to-survive-the-regulators/
- :is
- a
- About
- actions
- activities
- actually
- Ad
- against
- Agreement
- aims
- and
- appearances
- appropriate
- ARE
- around
- arrest
- arrested
- AS
- At
- autonomous
- BE
- Block
- blockchain
- by
- call
- CAN
- case
- Cash
- Censorship
- CFTC
- charges
- choices
- chopping
- Chopping Block
- Coindesk
- concept
- could
- counsel
- creation
- DAO
- DAOs
- decentralized
- decentralized autonomous organizations
- DeFi
- Delphi
- Delphi Labs
- detained
- Determine
- DID
- different
- emerging
- enough
- ethereum
- ethical
- expert
- Exploit
- For
- Forbes
- from
- Fuel
- Gabriel Shapiro
- General
- giant
- governance
- Government
- Hampshire
- happened
- highlights
- holders
- How
- HTTPS
- Hurt
- Impact
- in
- Innovation
- innovative
- insights
- Introduction
- Investors
- issues
- IT
- ITS
- jurisdictions
- Labs
- landscape
- Law
- lawsuit
- lawyer
- Legal
- Legal issues
- liabilities
- liability
- like
- Limited
- LLC
- maker
- MakerDao
- Mango Markets
- Manipulation
- March
- Market
- market manipulation
- Markets
- more
- National
- Need
- New
- next
- of
- OFAC
- offer
- on
- ooki
- organizations
- PALL
- participation
- passes
- plato
- Plato Data Intelligence
- PlatoAiCast
- PlatoData
- podcast
- problems
- Proceedings
- Puerto
- Puerto rico
- pursue
- recognize
- Regulators
- researcher
- resilient
- resistant
- RICO
- rules
- s
- Sanctioned
- Sanctions
- says
- sbf
- segment
- something
- States
- strong
- structure
- Survey
- survive
- The
- The Landscape
- their
- These
- to
- token
- token holders
- tornado
- Tornado Cash
- trade
- types
- u.s.
- Unchained
- us
- utah
- Visit
- Wave
- Web3
- Web3 world
- What
- whether
- will
- with
- world
- Wyoming
- Your
- zephyrnet