Obviously its a DAO and there is no centralized point where it can be shutdown. But why hasn’t the authorities pressured their Founder, or their major investors like a16z (Andreessen Horowitz) who is a US citizen.
The company clearly violates AML/KYC, and the Bank Secrecy Act. They are not registered as a Money Service Business. I doubt they report any Suspicious Activity Reports to the FinCEN and so on.
Just like how Binance CEO was recently indicted, why wont they go after major investors or founders? Or will they?
(I’m obviously not upset, just wondering)
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