U.S. SEC Charges Impact Theory for Unregistered NFT Offering

On 28 August 2023, the U.S. Securities and Exchange Commission (SEC) announced that it had charged Impact Theory, LLC, a Los Angeles-based media and entertainment company, for conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs). Through this offering, the company managed to raise around $30 million from hundreds […]

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