MIDAO
Official channel for MIDAO (aka MIDAO Directory Services), the Marshall Islands DAO LLC company
Nripesh Naiker pfp

@nripeshnaiker

🚨 A Denver pastor has been ordered by a U.S. court to repay $3.39M after defrauding 600+ church members through a fraudulent crypto token scheme. For DAOs, Web3 projects, and AI agents, the message is clear: transparency and compliance in token issuance are non-negotiable. 👉 https://cryptonews.com/news/denver-pastor-ordered-to-repay-3-39m-after-court-rules-crypto-tokens-defrauded-600-church-members/
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Nripesh Naiker pfp

@nripeshnaiker

👀 There is a big debate in @nouns: Should they dissolve their current DUNA structure? Some members feel the added red tape hasn’t brought tangible benefits, while others highlight the need for legal clarity. What works for U.S.-based DAOs may not always fit global-first communities. That’s why models like DAO LLCs via @midao are designed with global DAOs in mind 🌍 Read more: https://www.nouns.camp/topics/dissolve-the-duna-073f0dc58e9989c827ba5b7b35570b7315652e63
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Nripesh Naiker pfp

@nripeshnaiker

Can DAOs sue or be sued? California courts are setting early precedents. The law is still unclear. One thing is certain: unstructured DAOs are exposed. @midao helps DAOs get legally recognized and protected. https://news.bloomberglaw.com/us-law-week/sue-or-be-sued-california-courts-lead-way-testing-dao-rights
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Nripesh Naiker pfp

@nripeshnaiker

We are deeply saddened to hear about the fire that destroyed the Marshall Islands’ Parliament building. Our thoughts are with the people of the RMI during this difficult time. For @midao customers: operations and services remain unaffected. https://www.reuters.com/world/asia-pacific/marshall-islands-parliament-burns-down-overnight-fire-2025-08-26/
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Nripesh Naiker pfp

@nripeshnaiker

Uniswap’s move toward a Wyoming DUNA highlights the rising demand for DAO legal wrappers. @MIDAODS offers the Marshall Islands DAO LLC—delivering global flexibility, strong member protections, and international recognition, without U.S. legal complexity. https://www.dlnews.com/articles/defi/uniswap-inches-to-fee-switch-as-foundation-pushes-duna/
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Nripesh Naiker pfp

@nripeshnaiker

🚨 BREAKING: Do Kwon, founder of Terraform Labs, will plead guilty to fraud & conspiracy over the $40B TerraUSD collapse. This case could reshape how regulators treat crypto & DAO governance. Details ⬇️ https://beincrypto.com/terraform-labs-founder-do-kwon-plead-guilty/
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Nripesh Naiker pfp

@nripeshnaiker

Big governance shift from @jito 🔁 100% of protocol fees will now be managed by the DAO—ending the previous split with core contributors. A major milestone in economic decentralization for Solana DeFi. #DAOGov #Solana https://daotimes.com/jito-network-moves-to-allocate-all-protocol-fees-to-dao-management/
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Nripesh Naiker pfp

@nripeshnaiker

DAOs can’t scale on vibes. They need: • Constitutions • Proposal workflows • Legal wrappers @legalnodes just dropped a solid DAO governance checklist. Want to actually wrap your DAO legally? That’s where @midao comes in. https://legalnodes.com/article/governance-for-dao
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Nripesh Naiker pfp

@nripeshnaiker

🚨 BREAKING: The U.S. House just passed the GENIUS Act 🪙 1:1 stablecoin reserves 📊 Monthly audit disclosures 🚫 No interest payments to holders This legislation reshapes how DAOs manage treasuries. @midao helps DAOs stay compliant, registered, and resilient as U.S. policy evolves. #DAOs #Stablecoins #Web3 #CryptoLaw https://cointelegraph.com/news/genius-act-heads-donald-trump-signing-what-will-change
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Nripesh Naiker pfp

@nripeshnaiker

🚨 1,803 BTC (~$214M) was moved to Binance from wallets allegedly linked to Core DAO. ❌ No governance proposal ❌ No confirmed DAO vote ❌ No official statement Transparency isn’t optional. DAOs must earn trust—not just deploy capital. https://bitcoinworld.co.in/core-dao-btc-transfer/
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Nripesh Naiker pfp

@nripeshnaiker

DAOs 2.0 are here: less ideology, more sustainability. In his latest @coindesk op-ed, Kurt Watkins outlines the shift toward pragmatic, resilient DAO models. A must-read for anyone building or governing a DAO. https://www.coindesk.com/opinion/2025/07/10/daos-20-whats-next-for-decentralized-governance
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Nripesh Naiker pfp

@nripeshnaiker

🛑 BuildFinance — governance hijacked 💤 AssangeDAO — $53M raised, then silent These cases show what happens when DAOs lack structure. @midao helps DAOs avoid exactly this—by providing legal wrappers & governance clarity. 📖 https://au.finance.yahoo.com/news/future-daos-160723601.html
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Nripesh Naiker pfp

@nripeshnaiker

🧠 DAOs are getting smarter. @ark_defai just launched an AI framework for: • Autonomous governance • Treasury automation • Cross-chain coordination As AI-native DAOs emerge, legal wrappers will be critical for real-world viability. Learn how @midao supports compliant DAO formation ↓ 📖 Read the article: 🔗 https://decrypt.co/328614/ark-defai-introduces-a-decentralized-intelligence-framework-to-redefine-financial-and-digital-coordination 📚 Learn about MIDAO: 🔗 https://midao.org #AIxDAO #DAOGovernance #Web3Infrastructure
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Nripesh Naiker pfp

@nripeshnaiker

💥 $1.39B poured into AI agents in Web3 (H1 2025). They’re building tools DAOs need: automation, ops, coordination. But AI-run orgs raise real legal questions. At @midao, we’re preparing DAO frameworks for this future. 📌 dappradar.com/blog/ai-agents-become-a-top-web3-investment-with-1-39b-raised
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Nripesh Naiker pfp

@nripeshnaiker

🚨 @acrossprotocol founders accused of manipulating DAO votes to funnel $23M to their own entity. This is why DAOs need strong legal + governance frameworks. @midao helps DAOs protect decentralization and stay accountable. #DAOGovernance #Web3 🔗 https://daotimes.com/across-protocol-founders-accused-of-manipulating-dao-votes-to-extract-23-million/
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