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On August 28, 2023, the Securities and Exchange Commission (the “SEC”) charged Impact Theory, LLC (“Impact Theory”), a media and entertainment company headquartered in Los Angeles, with...
Known as the Consolidated Audit Trail, the trade-reporting system was proposed after the Flash Crash in 2010, when stocks plunged 9% in minutes.
In a published settlement of the charges on August 28, 2023, the US Securities and Exchange Commission ("SEC") stated that non-fungible tokens ("NFTs") issued by Impact Theory, LLC...
Michael Bacina, Steven Pettigrove, Jake Huang, Luke Higgins, Luke Misthos and Kelly Kim of the Piper Alderman Blockchain Group bring you the latest legal, regulatory and project updates in Blockchain...
Summary - The SEC’s focus on the crypto industry expanded this week to include non-fungible tokens (NFTs). In its first NFT-enforcement action, the SEC settled with...