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Bitcoin Pumps And Dumps, ETF Mania, SEC Loses Again l Top 5 Crypto News

The Wolf Of All Streets

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SEC Charges against LA-based Media and Entertainment Company for Unregistered Offering of NFTs

This chapter discusses the recent SEC charges against an LA-based media and entertainment company for the unregistered offering of NFTs. The company agreed to pay a $6 million fine without admitting guilt and establish a fair fund to compensate impacted investors. The chapter explores the implications of this case on other NFT projects and whether it signifies that NFTs are considered securities by the SEC.

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