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Web3 Social Company Sleek Announces $5 Million Seed Round
17.11.2023
Source: Pixabay Hong Kong-based Web3 social company Sleek has revealed a $5 million seed round, with the fundraising valuing the company at $50 million. In a press release published on Friday, the company said that it had secured funds through a Simple Agreement for Future Tokens (SAFT), granting...
Wireline Settles SAFT Suit With SEC; Peirce Partially Dissents
15.1.2021
Wireline is now barred from distributing the tokens it promised investors in its 2018 SAFT sale
The US SEC amendments and SAFT process
15.11.2020
Do the new safe harbors against integration pave the way for a successful SAFT process?
SEC v. Telegram: Part 2 — The case against integrating the two prongs of a SAFT
22.9.2020
Addressing the legitimacy of collapsing the sale of contractual rights with the eventual release of crypto assets
Polkadot-Based Acala Raises $7M as DeFi Grabs Land on Another Blockchain
27.8.2020
Acala, a DeFi startup building on the Polkadot blockchain, has closed a $7 million simple agreement for future tokens (SAFT) led by Pantera Capital
Legal Implications of Secondary SAFT Sales, Part 2
8.7.2020
Part 2 of this series continues to cover the legal implications associated with the sale of SAFTs and focuses on taxes related to tokens
Legal Implications of Secondary SAFT Sales, Part 1
7.7.2020
Part 1 of this series covers the legal implications associated with the sale of SAFTs and different approaches to legal interpretations of tokens
The Novel Legal Strategy Bringing This ICO-Backed ‘Micro-Mobility’ Startup to Court
30.6.2020
Lawyers have filed suit in a "highly unusual" case against flamboyant Italian e-scooter entrepreneur Salvator Palella, over a troubled ICO back in 2018
With Kik and Telegram Cases, the SEC Tries to Kill the SAFT
28.4.2020
The SEC is gunning for startups funded through Simple Agreement for Future Tokens, a legal maneuver that was supposed to keep them safe
Telegram’s Fight Against SEC Will Help Push Cryptocurrency Legislation, Says Trade Group
9.4.2020
Telegram’s ongoing court battle with the SEC over its $1.7 billion token offering could put pressure on Congress to move cryptocurrency regulation forward, according to the Blockchain Association
Kraken Appoints SAFT Architect Marco Santori Chief Legal Officer
6.4.2020
SAFT architect and crypto lawyer Marco Santori is now in charge Kraken’s legal team
Hedera Hashgraph Asks Investors to Wait Longer for Tokens After Price Crash
24.12.2019
Hedera Hashgraph, the company behind the blockchain-like Hedera network, is asking investors to wait longer for tokens they paid for, in order to stabilize their cratering price
Kadena Goes Live, Announces New Token Sale Aiming for $20 Million
4.11.2019
"This is the first time anyone has ever scaled proof-of-work," said Kadena co-founder Will Martino
Polychain, Bitmain Back $10.7 Million SAFT for Encryption Startup NuCypher
7.10.2019
NuCypher has raised $10.7 million in a SAFT with Polychain, Bitmain and others. It's also launched the testnet for its suite of encryption services
Blockchain Firm Settles With SEC Over Unregistered $6.3 Million SAFT
14.8.2019
A healthcare-focused blockchain firm has settled with the U.S. Securities and Exchange Commission over its 2017-2018 SAFT offering