Buying DAO tokens? Thats no longer risk-free: Courts might consider you a partner in the business and judge you liable for millions in hacked funds. Another legal trap may be found simply working for a DAO and implementing community decisions that turn out to be illegal in some far-flung jurisdiction.
With many DAO communities waking up to the reality that they need some sort of legal structure or legal personality in order to act in the real world, solutions from mimicking corporate structures to anonymously run foundations are being floated by lawyers around the world.
Read also
Features
Features
Subscribe
The most engaging reads in blockchain. Delivered once a week.
Read also
Features
Features
Continue Reading on Coin Telegraph
![The legal dangers of getting involved with DAOs](https://d1-invdn-com.investing.com/content/pic2e5547277de2818ca8b59d86199c4261.jpg)