Impact

Million

Coin

<ul class="news-points"> 
 <li>The SEC recently gained attention due to legal proceedings, particularly the Impact Theory case.</li> 
 <li>Jeremy Hogan, a partner at Hogan and Hogan, hinted at a potential change in the SEC’s approach through a tweet.</li> 
 <li>This amount seems modest compared to the total sales figure of nearly $30 million associated with the case, raising questions about the SEC’s leniency.</li> 
</ul> 
Recent developments at the U.S. <a href="https://coinedition.com/tag/sec/">Securities and Exchange Commission (SEC)</a> have attracted attention, primarily stemming from the commission’s controversial first NFT-related enforcement action. The SEC’s recent lawsuit against LA-based Impact Theory alleged that the company’s $30 million sale of NFTs amounted to an unregistered securities offering. The conclusion of the case has since drawn speculation that the SEC may be changing tack, offering a glimmer of hope to the cryptocurrency community. 
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 I surmise the SEC tide has turned. For example, the SEC's lawsuit against Impact Theory concluded with a $5 million disgorgement (which is nothing to laugh at), but that is based on total sales of almost $30 million. This seems a relatively kinder, gentler SEC. Almost cuddly. <a href="https://t.co/HzVFCu6xRd" target="_blank" rel="nofollow">https://t.co/HzVFCu6xRd</a>— Jeremy Hog…
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The post <a rel="nofollow" href="https://coinedition.com/secs-leniency-in-5-million-verdict-hints-at-crypto-policy-pivot/">SEC’s Leniency in $5 Million Verdict Hints at Crypto Policy Pivot</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

SEC’s Leniency in $5 Million Verdict Hints at Crypto Policy Pivot

Coin Edition

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