Questions have been surfacing regarding the SWM token being tradeable on exchanges. We hope the community understands that we are not able to comment on trading and transfer of Swarm Tokens for legal and regulatory reasons. To be clear, transfers are not currently allowable in the US or to US persons unless in compliance with an exemption under the securities laws. Purchasers have to make that determination themselves. Non-US purchasers should check the laws of their home country to ensure they are in compliance with any laws restricting transfers.