US takes 1st action against firm for selling unregistered NFTs with 6 mn fine

Washington, Aug 29 (IANS) The US Securities and Exchange Commission (SEC) has charged Impact Theory, a media and entertainment company headquartered in Los Angeles, with conducting an unregistered offering of crypto asset securities in the form of purported non-fungible tokens (NFTs).This is the first time the authority has taken enforcement…Read More

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