Giulio Coraggio, Who is liable for blockchain?

The author discusses “one of the main issues affecting public blockchain [which] is the inability of controlling and stopping its functioning”.

Does this “mean that none is liable for illegal activities performed through a DAO? Or on the contrary, the mere participation to the DAO creates a dristributed liability of all its participants as a partnership made of all its participants?”

The full article is available at


On virtual currencies, see Francesca Giannoni-Crystal, Some considerations about Bitcoin for lawyers