Bitcoin News / Bitcoinist - 1 year ago
In a recent development, two prominent commissioners at the US Securities and Exchange Commission (SEC), Mark Uyeda and Hester Peirce, have expressed their dissent against the agency’s enforcement action on Non-Fungible Tokens (NFT).
As report...
Bitcoin News / Bitcoinist - 1 year ago
Recent events have shown the US SEC might be going after non-fungible tokens (NFTs). In a recent press release, the SEC charged Los Angeles-based media and entertainment company Impact Theory LLC for unregistered securities in the form of NFTs.
SEC...
Cryptocoins News / The Cointelegraph - 1 year ago
Oscar Franklin Tan, the chief legal officer of NFT platform Enjin, told Cointelegraph that it’s very problematic to imply that all NFTs are securities, as it could hold back creators....
Cryptocoins News / Blockchain - 1 year ago
Impact Theory, a Los Angeles-based company, has been charged by the SEC with violating federal securities laws by offering unregistered NFTs as investment contracts. (Read More)
Bitcoin News / Bitcoinist - 1 year ago
In a significant move underscoring the evolving regulatory landscape surrounding cryptocurrencies, the US Securities and Exchange Commission (SEC) has turned its attention to the Non-Fungible Tokens (NFTs) market, initiating legal action against medi...
Cryptocoins News / Finance Magnates - 1 year ago
The US Securities
and Exchange Commission (SEC) has taken its first enforcement action targeting
the non-fungible token (NFT) industry. Today (Monday), the securities regulator
announced that it has accused Impact Theory, a Los Angeles-based media an...
Bitcoin News / Bitcoin.com - 1 year ago
The Securities and Exchange Commission (SEC) has charged Los Angeles-based media company Impact Theory with offering and selling unregistered securities in the form of crypto asset tokens. Notably, this marks the SEC’s first lawsuit targeting a...
Cryptocoins News / CoinJournal - 1 year ago
SEC charged US-based media company Impact Theory with offering and touting investment potential of their Founder’s Key NFTs.
Impact Theory did not deny nor agree to the charges, but accepted a $6.1 million fine.
The US Securities and Exchange...
by COINS NEWS - 1 year ago
https://www.sec.gov/news/press-release/2023-163 submitted by /u/Giga79 [link] [comments]
Bitcoin News / Bitcoin.com - 1 year ago
According to the latest statistics, sales of non-fungible tokens (NFTs) have taken a 14% dip compared to the preceding week, tallying up to $91.86 million in the past seven days. Interestingly, the count of purchasers rose by 38%; however, NFT transa...
by COINS NEWS - 1 year ago
There is an NFT END USER LICENSE AGREEMENT if you go in your account details which says the following: WORLD OF WARPLANES CONTEST 20 SEPTEMBER – 3 OCTOBER 2021 PLEASE READ THIS END USER LICENSE AGREEMENT CAREFULLY. BY ACCEPTING CUSTOMER AGREES TO TH...
Bitcoin News / Bitcoinist - 1 year ago
The Trump Digital Trading Cards, a non-fungible token (NFT) collection featuring illustrations of Donald Trump, experienced a surge in price and trading volume following a week many would refer to as “eventful” in the US political landscape.
This sp...
Cryptocoins News / The Cointelegraph - 1 year ago
The former U.S. president returned to X (formerly Twitter) for the first time since January 2021 to post his mugshot, which has now been thoroughly manipulated for memes by many users....
Bitcoin News / Bitcoin.com - 1 year ago
After a mugshot of the 45th U.S. president, Donald Trump, was snapped at Fulton County Jail in Atlanta, his NFT trading card sales skyrocketed. Cryptoslam.io data shows a whopping 426% surge in Trump’s digital card sales in just 24 hours.
...
Cryptocoins News / The Cointelegraph - 1 year ago
Melbourne NFT artist Giant Swan used to sit in his car crying because he didn’t fit in. Now he’s found his place as a gothic VR dream creator From sitting in his car c...