ConstitutionDAO Raises $27M on Eve of Sotheby’s Auction. $PEOPLE Could Be the Reason

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However, the real-world identities of a number of members of the DAO’s mind belief – roughly three-dozen people – are recognized, and now an precise LLC will likely be putting the bid on behalf of the DAO to adjust to Sotheby’s know-your-customer (KYC) necessities. Additionally, fractionalization may result in an unusually easy-to-pursue securities enforcement motion from the Securities and Exchange Commission (SEC), per early discussions in the DAO’s Discord.