One NFT creator just made history this week,lesbian sex videos, vampires, girlaway, full length but likely not in the way it envisioned.
On Monday, the U.S. Securities and Exchange Commission (SEC) announcedthat it was charging a media company called Impact Theory with conducting an unregistered security offering of a crypto asset.
This is not entirely new ground, especially as the SEC has started getting more seriousabout cryptocurrency enforcement over the past year. However, as TechCrunch points out, this is the very first time the SEC has gone after crypto asset securities in the form of non-fungible tokens (NFTs).
According to the SEC, Impact Theory raised more than $30 million from the NFT offering, which occurred between October and December 2021. Through the company's NFTs, called Founder’s Keys, Impact Theory offered three investment level tiers: “Legendary,” “Heroic,” and “Relentless.” Impact Theory framed the NFT purchase as an investment into the company and promoted how acquiring an NFT could lead to profit if the company was successful.
"Imagine that you could've gotten in on Disney when they were doing Steamboat Willie," the company claimed.
The SEC says Impact Theory agreed to a cease-and-desist order saying it violated the Securities Act of 1933, although it did not admit to or deny the findings of the investigation. The company will pay more than $6.1 million as a penalty, destroy the Founder's Keys in their possession, agree not to profit off future resale of existing NFTs, and create a fund to compensate injured investors.
This Tweet is currently unavailable. It might be loading or has been removed.
ZachXBT, a prominent crypto and NFT scam investigator, had originally warnedof the project back when it was live in late 2021.
In a post on X, Impact Theory co-founder Tom Bilyeu released a statement about its settlement with the SEC by continuing to promote future NFT sales. However, according to Bilyeu, the company will do so by following SEC rules and no longer promote NFTs as financial assets, but "collectibles with utility."
The NFT market as a whole has continued to collapse over the past year, as even the industry's most popular projects take a nosedive on the aftermarkets. Many have lost money on their NFT investments. Most notably, a group of Bored Ape Yacht Club investors recently filed a lawsuitagainst 30 defendants over the "misleadingly promoted" NFTs.
Topics Cryptocurrency
Deadlock стала самой желанной игрой в Steam
4 unexpected work tasks made easier by AI
Elon Musk sues OpenAI, wants it to go nonprofit again
Elon Musk's X has already backed off its new anti
BetterBabbit и VV возглавили группы на BetBoom Classic: Hearthstone Battleground
Scientists zoom in on distant solar system. It's teeming with water.
How is 'Dune: Part 2' different from the book?
Best fitness tracker deal: Get the Apple Watch Series 9 for $50 off at Amazon
Applicants for 2018 Miss Pasadena JCI Sought
Best Apple deal: The Apple iPad Air (WiFi, 64GB) is down to just $449 at Amazon.
Two Films of Japanese Peru at JANM
The White House is cracking down on brokers selling your data to China and Russia
'Dune: Part Two' ending explained: What comes next for Paul and Chani?
'Dune: Part Two' ending explained: What comes next for Paul and Chani?
Into the Meat Grinder
How is 'Dune: Part 2' different from the book?
Facebook is getting rid of the News tab to focus on Reels
Google Chrome: 3 new features just dropped for 'Search'
‘Art of Shinkansen’ Exhibition This Weekend
Tumblr user? Here's what to know about Tumblr selling your data to OpenAI and MidJourney
New mom calls out those who claim cLittle League coach stops by pitcher's mound to tell his son he loves himDrake took out a billboard for Rihanna because he can't help himselfBaby kangaroos scratching each other will make you both happy and itchyWhen vandals destroyed a couple's pride flag, the neighborhood put up 40 more#WearItPurple trends in support of LGBTQ young peopleBella Thorne comes out as bisexual after kissing her brother's ex on SnapchatAirbnb has removed 2,570 illegal listings from NYC, but housing advocates say it's not enoughU.S. government issues warning on McDonald's recalled wearable devicesTributes flow after death of former Singapore president S.R. Nathan Why is it so tempting to rewatch your own Instagram Story? Many park rangers are still exposed to the public during coronavirus Amazon is coronavirus mess: Sellers sling merch, overpriced masks Everyone's regretting their '2020 will be better' tweets now Bloomberg responds to poor debate performance with a cringey doctored video where he looks good To curb the spread of coronavirus, here are some fun handwashing tips Coronavirus panic Pete Buttigieg called himself a 'Microsoft Word guy' in a brutal self Quarantined congressman's bizarre tweet on life and death is now a meme Free Speech Coalition calls for porn productions to shut down amid coronavirus
0.1435s , 12291.8125 kb
Copyright © 2025 Powered by 【lesbian sex videos, vampires, girlaway, full length】NFT creator agrees to pay $6.1 million settlement in SEC case,Global Hot Topic Analysis
