A recent US District Court ruling has sent shockwaves through the cryptocurrency community, particularly affecting Lido DAO. On November 18, 2024, Judge Vince Chhabria classified Lido DAO as a general partnership under California law, which significantly impacts decentralized autonomous organizations in the crypto space. This ruling has sparked discussions within the community as Lido DAO experiences a price surge despite some backlash. The ruling may lead to new regulations and shape the future of DAOs. Stakeholders are closely watching how this unfolds.