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Report Warns SAFT May Increase Legal Risk of Token Sales

Coindesk --------- Far from insulating token issuers against regulatory actions, the proposed SAFT framework may actually increase the risk certain sales run afoul of securities laws, according to a new report out. If put into practice, the Simple Agreement for Future Tokens (SAFT) structure could misalign incentives, encouraging sophisticated early investors to flip tokens for a profit and driving up their cost to end-users, warns the report from the Cardozo Blockchain Project at Cardozo Law School in New York. To learn more click on the picture below to read the article.

Report Warns SAFT May Increase Legal Risk of Token Sales - Read More from Coindesk

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