Bankless Suing The SEC | Jonathan Mann & Brian Frye
Jul 29, 2024
Join Jonathan Mann, the 'Song a Day Man' known for his daily musical creations turned NFTs, and Brian Frye, a law professor and NFT expert, as they dive into their groundbreaking lawsuit against the SEC. They discuss the importance of this case for the crypto industry and how it challenges the classification of NFTs as unregistered securities. Listen in as they explore the implications for digital artists, share personal stories, and even offer a humorous musical take on navigating the complexities of NFT regulations.
AI Snips
Chapters
Transcript
Episode notes
Stoner Cats Lawsuit
- Jonathan Mann explains his anger towards the SEC's lawsuit against Stoner Cats, an NFT project involving Mila Kunis and Ashton Kutcher.
- He believes the SEC's broad claims in the case implicate the entire NFT art space, including himself.
Song A Day Man's NFT Journey
- Jonathan Mann, also known as Song A Day Man, has made a living selling his songs as NFTs since 2022.
- He views the SEC's actions as a direct threat to his livelihood and the creativity of other NFT artists.
Securities as Art
- Brian Frye, a law professor and artist, explains his long-held view that securities law and conceptual art overlap.
- He created an NFT project in 2021 to demonstrate how the SEC's theories could be applied to conceptual art, which sold out quickly.