#nft

SEC takes first action against an NFT project as an unregistered security

( www.theverge.com )

SEC takes first action against an NFT project as an unregistered security Illustration by Alex Castro / The VergeToday, the SEC announced its first enforcement action against NFTs in a case that was settled by Impact Theory, the NFTs’ issuer. The SEC said the NFTs issued by Impact Theory were unlicensed securities. The company agreed to a cease-and-desist order, paid $6.1 million in penalties, and agreed to destroy a…

The Verge 92 2023-08-29