kaal:claim:3409548-022

Managers of funds that exist entirely in cyberspace cannot assume they are judgment proof; the practical consequence of operating across a global node network is exposure to more regulation, not less.

However, managers cannot assume that they are judgment-proof.

Kaal, Financial Technology and Hedge Funds (2019), II.3 Blockchain Technology, p. 20
https://ssrn.com/abstract=3409548 · source PDF

Kaal, Financial Technology and Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3409548

• funds operating through digital currencies and smart contracts without a domicile

conditionsupport: arguedlaw-and-legal-systemsblockchaincompliance

• restates kaal:claim:2998033-011 Managers of funds that exist only as smart contracts in cyberspace, with no foreign or domestic domicile, cann...

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• Qualification: Cyberspace, Blockchain, Governance: How Technology Implies Normative Power and Regulation