Liability never attaches to bytecode — it attaches to whoever holds control, and US enforcers have four distinct theories for finding them. This follow-up analysis maps DeFi’s five-layer liability stack against CFTC v. Ooki DAO, Van Loon v. Treasury, SEC v. Rari Capital, and the general partnership rulings in Sarcuni v. bZx DAO and Samuels v. Lido DAO. Includes a layer-by-layer risk assessment and seven concrete mitigations for protocol builders.
These cookies are necessary for the website to function and cannot be switched off. They are usually set in response to actions you take, such as setting your privacy preferences, logging in, or filling in forms.
Session cookies - Keep you logged in during your visit
Security cookies - Protect against cross-site request forgery
Cookie preference - Remember your cookie consent choice
Analytics Cookies
These cookies help us understand how visitors interact with our website by collecting and reporting information anonymously.
Google Analytics - Tracks page views, session duration, and traffic sources
Performance metrics - Helps us improve site speed and user experience
Marketing Cookies
These cookies may be set through our site by our advertising partners to build a profile of your interests and show you relevant ads on other sites.
Advertising pixels - Help measure ad campaign effectiveness
Social media cookies - Enable content sharing features
Your Choices
You can choose to accept all cookies or only essential cookies. You can also change your preferences at any time by clearing your browser cookies and revisiting our site.
For more information about your privacy rights, please see our Privacy Policy.