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.