<h1>Crypto rebounds to $3 amid token presale raising $2.22M; legal risks include securities and misleading promotion claims</h1> A major cryptocurrency has regained a $3 trading level with significant market capitalization and volume, while a blockchain-AI token presale priced at $0.01 (Phase 5) reports over 2 million tokens sold and roughly $2.22 million raised, touting potential multi-hundred-fold returns and a $1 post-sale target. Legal risks include investor protection concerns from promotional return projections, possible securities or fundraising regulation exposure for the presale issuer, disclosure and marketing compliance given third-party listings and giveaways, and reliance on technical claims (blockchain/AI functionality) that could trigger liability if unsubstantiated.