A judge has upheld a freeze on $35 million worth of assets belonging to the decentralized autonomous organization (DAO) known as SpartacusDAO. The freeze was implemented as part of a lawsuit filed against the DAO by a group of investors who claim that they were scammed out of their investments.

The lawsuit alleges that SpartacusDAO misled investors by promising high returns on their investments, but then failed to deliver on those promises. The investors claim that they were misled about the nature of the investments and that they were not properly informed about the risks involved.

The freeze on SpartacusDAO's assets was implemented in response to a request from the investors, who argued that the DAO was attempting to liquidate its assets and evade potential liabilities. The freeze has been upheld by a judge, who has ordered that the assets remain frozen until the lawsuit is resolved.

(By Danny Nelson)