What does the community feel about a massive decentralized legal fund war chest (raised by issuing governance tokens) to help UST victims seek restitution against TFL via a class action filed in Singapore? Token holders vote on major decisions and are rewarded if the case wins.
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Replying to @AVibrantDreamer
The victims will not be paying a dollar whatsoever - that would be immoral - they would just get a slightly reduced claim amount since litigation funders would get their money back with some profit if the action wins - victims take on zero risk.
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Replying to @AVibrantDreamer
Correct - if the case is won, double the amount spent on the case will be returned to the DAO treasury to make profit for token holders and to fund new legal ventures for more underpowered groups
6:17 PM - 21 May 2022
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