Simple Agreements for Future Tokens (SAFT) are unfortunately not always so simple and investors do not always get what they bargained for. Issuers may fail to deliver on their obligations, they may make other promises outside the SAFT, or they may try to change the rules after the SAFT is signed and funds are delivered. Both sides often have significant funds at stake, particularly where a token price increases drastically following issuance. Legal representation in this situation can not only protect the investor’s legal rights, but also the investor’s investment.
Get in touch with us at (312) 223-1699 or email Thomas E. Patterson at tpatterson@pattersonlawfirm.com for more advice and information.