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He can sue, but who and for what? Essentially the community is showing him a finger even if he didn't break the law. He will keep the money, but they simply won
by tener 10y ago
He can sue, but who and for what? Essentially the community is showing him a finger even if he didn't break the law. He will keep the money, but they simply won't be doing any business with him.
- raverbashing 10y agoHe can try to sue (in the US) Next thing the IRS will go after him for the corresponding taxes on millions of dollars of crypto currency
- Kristine1975 10y agoSo they pay the taxes. There should still be quite a bit left.
- deckar01 10y agoI imagine they sent the cease and desist letters to any prominent personality with stake in DAO that publicly advocated forking. They might try to sue shareholders for inciting other shareholders to breach contract. What makes it weird is that they can't just buy back the shares, because that wasn't in the contract. They have to convince the body controlling the currency, which backs the issued shares, to essentially invalidate and reprint a pallet of virtual cash. Although the DAO shareholders don't necessarily have to participate in the fork for it to succeed, publicly advocating a fork, before the fork, in order to nullify a contract seems like it could be considered a breach of contract.