In its regulatory move against NFT offerings, the U.S. Securities and Exchange Commission (SEC) has classified Stoner Cats NFTs as unregistered securities. The company behind the NFTs, Stoner Cats 2 LLC (SC2), has “agreed to a cease-and-desist order and to pay a civil penalty of $1 million,” although it has not admitted or denied the The post Stoner Cats NFTs Face SEC; Critics Question Settlement’s Legitimacy appeared first on Coin Edition .
