In its regulatory move against NFT offerings, the U.S. Securities and Exchange Commission (SEC) has classified Stoner Cats NFTs as unregistered securities. The company behind the NFTs, Stoner Cats 2 LLC (SC2), has “agreed to a cease-and-desist order...
The
Securities and Exchange Commission (SEC) has announced that Stoner Cats 2 LLC
(SC2) is facing charges for conducting an unregistered offering of crypto asset
securities in the form of non-fungible tokens (NFTs). The tokens were sold to
raise...
The Securities and Exchange Commission (SEC) has charged Stoner Cats 2 LLC (SC2), the creator of the web series Stoner Cats, with conducting an unregistered offering of non-fungible tokens (NFTs), marking the second major enforcement action by the...
In the development of the internet, Web3 has the potential to be a game-changer. Web3 is fundamentally a plan for a more open, secure, and decentralized internet, made possible by technological developments like blockchain and machine learning....
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