In an opinion editorial for Kelman.Law, Michael Handelsman urges token projects to define a market maker’s trading authority, purchase options and repayment duties before lending tokens for an exchange listing. The opening account of a project struggling to recover its tokens illustrates a contract risk; the article does not identify it as a reported dispute.
Handelsman recommends measurable liquidity obligations, limits on token use, records that let projects reconcile their inventory, and clear exit terms. He warns that a contractual right to recall tokens may not ensure immediate recovery: a U.S. bankruptcy stay can restrict collection, subject to statutory exceptions.
