On November 20, 2023, the SEC filed a complaint in the United States District Court for the Northern District of California against Payward, Inc. and Payward Ventures, Inc. which, together, do business as Kraken. The...more
11/28/2023
/ Blockchain ,
Broker-Dealer ,
CFTC ,
Clearing Agencies ,
Cryptoassets ,
Ethereum ,
Fraud ,
Howey ,
Investors ,
Market Participants ,
Negligence ,
Ripple ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Unregistered Securities
On Sept 13, 2023, for its second non-fungible token (NFT) related enforcement action, the SEC issued a settled Order against Stoner Cats 2, LLC (“SC2”) for SC2’s offer and sale of 10,320 NFTs linked to images of characters...more
In February 2021, an NFT for a 13-second video of a Lebron James dunking a basketball sold for $208,000. Because past and present wilt before Lebron’s greatness; because he contains multitudes. Also because Lebron is a...more