SEC Expands Crypto Crackdown To NFTs With First Case Against Los Angeles Entertainment Company Impact Theory

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SEC Continues Its Regulation By Enforcement Spree, Charges Richard Heart Of Hex With $1 Billion Securities Fraud

The United States Securities and Exchange Commission (SEC) has brought its first NFT-related enforcement action by accusing a Los Angeles-based media and entertainment company of offering nonfungible tokens that were actually unregistered securities.

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SEC Expands Crypto Crackdown To NFTs With First Case Against Los Angeles Entertainment Company Impact Theory