Amid its fundraise, a16z crypto has been active in dealmaking. Recent examples have included a decentralized protocol called Babylon that helps users collateralize their Bitcoin holdings, a cross-platform integration tool for prediction markets called Kairos, and a $50 million investment into the Solana staking protocol Jito.
Misusing a trade organization’s legal resources like this is such an unusual strategy that it would be surprising if anyone at Ukie ever suspected something was amiss here. However, if a lawyer, or indeed any person, was engaging in manual review of the DMCA takedowns they were sending, they should have noticed some of these irregularities.
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