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The US Securities and Exchange Commission (SEC) has charged Impact Theory, a media and entertainment company headquartered in Los Angeles, with conducting an unregistered offering of crypto asset securities in the form of purported non-fungible ...

Every company that has issued non-fungible tokens (NFTs) could be liable from a recent U.S. Securities and Exchange Commission (SEC) ruling. The SEC charged Impact Theory, LLC, a media and entertainment company headquartered in Los Angeles, with conducting an unregistered offering of crypto asset securities in the form of purported NFTs. Impact Theory raised approximately…

Washington, Aug 29 (IANS) The US Securities and Exchange Commission (SEC) has charged Impact Theory, a media and entertainment company headquartered in Los

The US Securities and Exchange Commission (SEC) has charged Impact Theory, an LA-based media and entertainment company, with offering unregistered...

A Los Angeles media company that billed itself as potentially the next Disney will pay $6.1 million to settle U.S. Securities and Exchange Commission charges it illegally raised nearly $30 million...

The SEC is willing to parse what NFTs are and aren't securities

A Los Angeles media company that billed itself as potentially "the next Disney" will pay $6.1 million to settle U.S. Securities and Exchange Commission charges it illegally raised nearly $30 million by conducting unregistered sales of non-fungible tokens. Monday's settlement with Impact Theory LLC was the SEC's first enforcement action involving NFTs, digital assets that reflect ownership of files such as artwork, images and videos and are recorded on a blockchain. The SEC sa...

NEW YORK: A Los Angeles media company that billed itself as potentially "the next Disney" will pay US$6.1 million to settle US Securities and Exchange Commission charges it illegally raised nearly US$30 million by conducting unregistered sales of non-fungible tokens. Monday's settlement with Impact Theory

By Jonathan Stempel NEW YORK (Reuters) - A Los Angeles media company that billed itself as potentially "the next Disney" will pay $6.1 million to sett...

Eli Weinstein’s 24 year prison sentence was commuted by then-President Donald Trump during his final hours in office.