kaal:claim:5254152-033

Some DAOs substitute anonymity for legal structure: without any legal registration, Olympus DAO relies on anonymity to avoid legal action, which the author scores as the weakest possible regulatory compliance posture.

Without legal registration, Olympus DAO relies on anonymity to avoid legal action (R: 1).

Wulf A. Kaal, DAO Market Meta Analysis 2024 (2024), APPENDIX A: DAO Dataset, Olympus DAO, p. 40
https://ssrn.com/abstract=5254152 · source PDF

Wulf A. Kaal, DAO Market Meta Analysis 2024 (2024). SSRN: https://ssrn.com/abstract=5254152

• DAOs with no legal registration in any jurisdiction

failuresupport: evidencedfailure: anonymity as substitute for legal registrationfamily: legal-personality-and-liability-gapcompliancelaw-and-legal-systemsdao

• specializes kaal:claim:4529715-008 The absence of clear regulatory direction from the SEC and state governments helps explain why many DAOs take ...
• supports kaal:claim:3652481-040 Without a legal wrapper, DAOs face potential regulatory enforcement actions and civil liability not only at th...

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