"Funding token burns as ecosystem or customer-acquisition investment is protected business judgment." not sure this will always be true...let's say all stockholders have sold all their tokens for example? or management has way more tokens than they do equity (eg acquired on open market)...conflict
A legal opinion discusses whether funding token burns as ecosystem investment qualifies as protected business judgment, noting potential conflict-of-interest exceptions.
"Funding token burns as ecosystem or customer-acquisition investment is protected business judgment." not sure this will always be true...let's say all stockholders have sold all their tokens for example? or management has way more tokens than they do equity (eg acquired on open market)...conflict
"It's also something that only shareholders themselves can bring suit over" stockholders don't need to sue for management to rug the token just as supporting the token is (often) within the business judgement deference given to management, rugging it also will be this is the real issue, the tok