<h1>AI token presale promises high returns, no KYC, and dashboard allocations - raises securities, AML, and consumer protection risks</h1> An AI-focused token presale on the Ethereum network claims large upside and real-world utility while offering immediate dashboard allocations without KYC and token claims post-TGE. Legal risks include securities and investment-contract scrutiny depending on marketing and promised returns; AML/KYC exposure from bypassing identity checks; consumer-protection and false-advertising liability for projecting specific listing prices or guaranteed returns; prize-promotion and sweepstakes regulation linked to a large raffle tied to purchases; and reliance on third-party audits and listings may not eliminate liability for smart-contract flaws or misrepresentations. Regulators and investors should treat promotional claims and fundraising mechanics as potentially regulated financial activity.