<h1>Blockchain growth and AI-token presale raise securities, disclosure, and AML/KYC risks under Section 5 and Howey test</h1> A major scalable blockchain continues to report strong transaction throughput and ecosystem growth, while a new AI-blockchain project claims rapid presale fundraising, token distribution, partnerships, a security audit, platform listings, and aggressive post-listing return projections. Legal risks include potential securities-law exposure for token sales and presale marketing, accuracy of audit and partnership claims, reliance on forward-looking performance forecasts, and obligations under consumer-protection and advertising rules. Investors should assess disclosure completeness, regulatory compliance, contractual terms of token offerings, custodial and governance arrangements, and technical-security validations before investing; regulators may scrutinize token classification, AML/KYC practices, and marketing claims.