Tagged: impact theory

Two SEC Commissioners Question Enforcement Action on NFT Issuer Impact Theory

August 29, 2023 @ 4:25 pm By JD Alois |

SEC Commissioners Hester Peirce and Mark Uyeda have joined to issue a statement on the enforcement action taken by the Commission against NFT issuer Impact Theory. Yesterday, the SEC revealed its first enforcement action against an NFT issuer, with the firm settling the allegations without… Read More

First: SEC Charges NFT Issuer Impact Theory with Pursuing an Unregistered Security Offering, Company Settles Charges

August 28, 2023 @ 12:31 pm By JD Alois |

The Securities and Exchange Commission (SEC) has filed charges against Impact Theory and the issuance of an NFT or non-fungible token that was deemed to be an unregistered offering of crypto asset securities. This is the first NFT offering that the SEC has targeted for… Read More