Our rules follow existing SEC rules for beneficial ownership; they tend not to take a very CS-centric view of things :)

Does that mean that you do not speak of ownership in terms of a weighted graph of nodes, or that indeed your rules do break down when there is a possibility of circular references?

I imagine all such graphs in the USA will have humans as root nodes, since the 14th amendment makes it a bit tricky to create ownership edges into humans.

That is very true, I’m a fool for not having thought that ultimately it all has to culminate with humans that cannot be ’owned’.