The U.S. Securities and Exchange Commission (SEC) has recently charged Stoner Cats 2 LLC (SC2) for unregistered NFT (non-fungible token) offerings, setting a crucial precedent for future NFT initiatives. Here’s a breakdown of the event and its potential implications: What Happened? The SEC alleges that SC2 had carried out an […]
The SEC’s Stance on NFTs: A Deep Dive into the Impact Theory Case In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has moved to crack down on what it perceives as irregularities in the crypto space. The target? Impact Theory, LLC, an LA-based media and entertainment entity, […]
The cryptocurrency world in the United States is currently on a roller-coaster ride. Major players, Coinbase and Binance, have been caught in the crosshairs of the Securities and Exchange Commission (SEC). The regulatory body alleges these industry giants traded crypto assets deemed securities, which they claim should have been registered. […]
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