If they are made aware a portfolio company is committing fraud, hopefully they have enough ethics to help sort out the situation. Not a lawyer, but if the investors are aware of the fraud and do nothing, they may have some liability themselves.
I'm not convinced people that do this wouldn't be making an arse out of themselves. No lawyers have appeared in here to say that anything fraudulent has happened. The DMCA does prohibit dissemination of any software whose purpose is to circumvent technological measures that control access to copyrighted works. If the domain we're talking about is key to such technical measures, then distributing software that blocks it may in fact be illegal under the DMCA, and sending a DMCA notice to take it down ordinary and allowed. "New World Angels" have no power to overturn the law of the land, especially one which is implementation of a broad international treaty.
EasyList is not software. It's just a fracking list. Is it a DCMA violation to state factually, as I am doing now, that functionalclam.com is a so-called "access control" domain?
"Your portfolio company @getadmiral is committing fraud by filing false DMCA requests. Can you fix this?"
Birchmere Ventures
Florida Gulfshore Capital
Florida Institute for the Commercialization of Public Research
Mosley Ventures
New World Angels
https://www.crunchbase.com/organization/admiral-2#/entity
If they are made aware a portfolio company is committing fraud, hopefully they have enough ethics to help sort out the situation. Not a lawyer, but if the investors are aware of the fraud and do nothing, they may have some liability themselves.