Nidhi Kolhapur
Crypto Live News
Author: Nidhi Kolhapur
Author: Nidhi Kolhapur
Nidhi Kolhapur 
Author
Jul 8, 2024 8:32
Nidhi Kolhapur
Author
In the after-events of a class-action lawsuit filed against Lido DAO in the United States, the Ethereum staking service has recently started voting to appoint an entity to respond to the pending class-action litigation. The voting went live on snapshot.org,gaining significant traction across the broader market. The proposal suggests authorizing Dolphin CL,LLC to file a motion to dismiss the class-action suit. However,Dolphin CL will not serve as the general representative or proxy of Lido DAO and will only file a motion on its behalf. 51 million voted yes,amounting to 100% of total votes.
