Sushi DAO is considering restructuring around a legal entity to reduce regulatory risks

Chain Catcher news, according to CoinDesk, Sushi DAO is considering reforming its legal structure to reduce regulatory risks, potentially splitting the DAO into three legal entities located in Panama and the Cayman Islands.

According to previous reports, the Commodity Futures Trading Commission has sued Ooki DAO for allegedly using the DAO structure to evade regulation. Over the past six months, more than 1,800 wallet addresses have voted in Sushi DAO, with Sushi DAO's influence concentrated among heavyweight token holders. (CoinDesk)