<h1>Presale crypto tokens raise millions amid bold return claims; misrepresentation, audit and Securities Act Section 5 risks warned</h1> A blockchain Layer-1 presale reportedly exceeded $430 million and promises listings on multiple exchanges and an upcoming roadmap disclosure; an AI-focused token presale claims its network is live, $520,000 raised, and a 50% price jump while projecting '100x' returns. A survey cited that institutional buyers favor crypto and ETFs, and whale accumulation of Bitcoin was noted. Legal issues include potential misrepresentation and marketing risk from forward-looking performance claims, reliance on unaudited presale valuations, and regulatory exposure if tokens are treated as unregistered securities. Investors face high volatility and liquidity risk; disclosures and third-party audit claims warrant verification.