The ruling asserts that participants in Lido DAO, including its key investors, can be held liable for the organization’s actions, fundamentally challenging the decentralized governance model on which it is built.

The hacker relied on users not reading an update proposal that essentially placed the DAO's governance under their personal control

Hacker Avraham Eisenberg, as part of a team of other hackers, stole more than $100 million from the Solana-trading platform Mango and called it “a highly profitable trading strategy.”