What Are the Regulatory Risks That Can Cause a Well-Vested Project to Fail?
Regulatory risks include the token being classified as an unregistered security, leading to legal action and fines. New, unfavorable AML/KYC laws or outright bans on the project's core functionality can also halt operations.
Even a well-intentioned, well-vested team can fail if the legal environment makes the business model unviable or illegal.