Impact

Million

<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/crypto-live-news/impact-theory-fined-5-million-by-sec-over-unregistered-nft-offerings/">Impact Theory Fined $5 Million by SEC Over Unregistered NFT Offerings!</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p><p>The SEC has charged LA-based Impact Theory with unregistered offerings of non-fungible tokens as investment opportunities without proper registration. The company reportedly violated securities laws by raising $13 million through sales of NFTs without providing required disclosures or registration. Impact Theory has settled the case and agreed to pay a $5m penalty without admitting or denying the allegations. This is the latest SEC action against companies that sell digital assets without complying with federal securities laws.</p>

Impact Theory Fined $5 Million by SEC Over Unregistered NFT Offerings!

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