A&O Shearman | Government Regulatory Enforcement Blog | Home
Government/Regulatory Enforcement
This links to the home page

Filters
  • SEC Sues Company For Unregistered Offerings Of NFTs
     
    10/11/2023

    On September 13, 2023, the U.S. Securities and Exchange Commission brought a settled enforcement action against Stoner Cats 2 LLC for raising approximately $8 million through an unregistered offering of Non-Fungible Tokens (“NFTs”) that the SEC alleged were securities.  This action is another example of the SEC alleging that crypto assets were securities based on the specific manner in which they were offered.