Crypto lawyer about SEC: 'Problematic to imply all NFTs are securities'
Members of the community pointed out that the description written by the SEC applies to “quite a few” NFT projects.
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Members of the community pointed out that the description written by the SEC applies to “quite a few” NFT projects.
The SEC's first enforcement action related to NFTs shows advisors for wait for regulations to emerge around such assets, experts said.
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Impact Theory settled charges that it sold unlicensed securities without admitting guilt. The action — and $6.1 million fine — raise questions about NFTs broadly.
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...