The first DAO lawsuit in the Hong Kong High Court has drawn attention! The court requires six defendants to disclose financial details of the RWA project, involving more than HKD 6 billion. Legislative Council member Wu Jiezhuang suggests that Hong Kong should quickly introduce regulatory legislation for DAOs to provide a legal framework for public chains. He pointed out that DAOs are like 'ownerless wandering souls' and need legal status to align with traditional finance. The United States and Abu Dhabi have already taken a step ahead; can Hong Kong catch up? Share your thoughts in the comments! 💬