SEC penalizes Stoner Cats for selling unregistered securities as NFTs

SEC penalizes Stoner Cats for selling unregistered securities as NFTs

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The makers of Stoner Cats non-fungible tokens (NFT) and its accompanying web series were charged and fined by the Securities and Exchange Commission (SEC) on Wednesday after the federal regulator took issue with Stoner Cats 2, the company behind the collection, raising over US$8 million worth of…

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