PUBLISHED ON: May 22, 2016
In this op-ed, Stephen Palley, an attorney in the D.C. office of Anderson Kill, explores the question of liability and jurisdiction in the context of decentralized autonomous organizations (DAOs).
Does distributed presence create distributed liability? Does participation in a blockchain based decentralized autonomous organization (DAO) subject you to worldwide liability? While a one-sized fits all rule isn't possible, it may help to understand what jurisdiction means and how Courts acquire it.
To read the full article: Determining Jurisdiction When a DAO is Sued