It is very difficult to defend rights in the cryptocurrency circle.

Yi Lihua, who has many years of experience in defending rights in the cryptocurrency circle, also said that he had defended rights in many projects in the cryptocurrency circle, but rarely succeeded.

For primary market investment, it is important to be willing to accept defeat. Moreover, most primary Crypto investments adopt SAFT/SAFE contracts, and the investment subjects are offshore organizations such as BVI, which have legal flaws. Investment institutions are spread across various countries, and it is very difficult to rely on legal means to defend rights. For VCs, rights protection often involves concentrated actions, and other investors are united to put pressure on the project party, appeal to their emotions and reason, but the initiative is still in the hands of the project party.