The ConstitutionDAO team used a "decentralised" approach - largely unregulated and using cryptocurrency - to amass the fortune. But large fees for those crypto-transactions are eating up huge sums of money in the refund process. The group said issuing refunds was its top priority. ConstitutionDAO - short for "decentralised autonomous organisation" - raised the vast sums of money in the Ethereum cryptocurrency to bid on an extremely rare privately-owned copy of the original printing of the US constitution. The group had promised to maintain the historic document "for the people". But they were outbid by a private ... (full story)