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Bored Ape NFT Investors Sue Sotheby’s
Date: 08/09/2023 Type: Articles Topic: FIRE | Insolvency | Civil Fraud | International | Enforcement | Offshore | Asset Recovery |Author: Syedur Rahman (Partner)
A class action lawsuit has been brought in a federal court in California against the auction house Sotheby’s over the auctioning of Bored Ape Yacht Club non-fungible tokens (NFTs).
Decentralised Autonomous Organisations (DAOs) and Regulation
Date: 08/09/2023 Type: Articles Topic: FIRE | Insolvency | Civil Fraud | International | Enforcement | Offshore | Asset Recovery |Author: Syedur Rahman (Partner)
Syed Rahman outlines the questions that require answers regarding decentralised autonomous organisations.
The metaverse and Web3 have been the buzzwords to drop lately. And decentralised autonomous organisations (DAOs) can be viewed in a similar light.
Yet what needs to be emphasised about DAOs is that they are currently in a legal grey area, as they do not relate to something similar that has previously been defined.
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