The definition of "related persons" did not include seed investors (VCs)

[KhalilMcf]

The definition of related persons "Related person means the Initial Development Team, directors or advisors to the Initial Development Team, and any immediately family member of such persons" did not include "seed investors" (pre-sale investors), crypto VCs are usually enter a project through "pre-sale", they should also be subjected to the obligation of "related person" since their actions and transaction are important for the decision-making of the later rounds investors.

Also, according to this SafeHarbor, these seed investors (VCs) are not within the definition of "initial development team", which also makes them off the hook.