SEC Fines Stoner Cats NFTs Creator $1 Million for Securities Violation

Publikováno: 14.9.2023

#NFT News #US #SEC #Legal #Securities #Non-fungible tokens #NFT #Ethereum #Investment #Investing

The company behind Stoner Cats non-fungible tokens (NFTs) has to pay a $1 million fine and destroy all its NFTs per a settlement with the US Securities and Exchange Commission (SEC).
According to the Wednesday press release, the SEC charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of cryptoasset securities in the form of NFTs that raised approximately $8 million from investors to finance an animated web series called 'Stoner Cats'....
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