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Financial Services Firms Expand Cryptocurrency Custody Services - According to recent reports, the cryptocurrency custody arm of a major international bank has launched...
On July 27, 2021, Stoner Cats 2, LLC (SC2) sold 10,320 non-fungible tokens called "Stoner Cats" (hereinafter "Stoner Cats NFTs" or the "NFTs"), then valued at around $8.2 million, to fund the production...
Yesterday, in another blow to the viability of NFTs and crypto, the Securities and Exchange Commission (SEC) released a settlement with Stoner Cats 2, LLC, an NFT project designed to...
Key Point - Just over two weeks after the SEC announced the settlement of its first NFT enforcement action against Impact Theory, on September 13, 2023, the SEC announced its...
SEC commissioners Peirce and Uyeda compared the Stoner Cats NFTs to collectibles sold by Star Wars in the 1970s.