Crypto companies and organizations have filed to support the lawsuit by the Texas company and DeFi Education Fund (DEF) against the SEC regarding the clarification of crypto assets and the lack of rules.

- Coinbase, Andreessen Horowitz, Multicoin Capital, Paradigm, Union Square Ventures, and Variant have supported Beba LLC and DEF in the amicus brief filed on October 28.

- "The SEC is wrong to ignore the harm that companies like Beba suffer from the threat of enforcement and the lack of clear guidance."

- The lawsuit from March seeks a declaration that the SEC cannot enforce its "no-writing" policy that most digital asset transactions are securities.

- The SEC requested the court to dismiss the lawsuit in July, arguing that it is "premature and based on hypothetical policy."

- Coin Center, Texas Blockchain Council, and Investor Choice Advocates Network also filed similar amicus briefs.

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