I don't think they have a case if they are arguing they didn't audit. VCs don't audit all the time. You will note they said "conflict of interest." A conflic

I don't think they have a case if they are arguing they didn't audit. VCs don't audit all the time. You will note they said "conflict of interest." A conflict of interest would be if they invested $x and then got early access to y tokens. The announcement of their investment suddenly makes y tokens more valuable. You could even imagine the tokens could be sold for more than the investment. In that case, what incentive does the VC have to audit? Also, that should be illegal if it isn't. Don't worry about the cost of audits. I do think if you took tokens from a VC investment and sold them you may have done something illegal.