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The U.S. Securities and Exchange Commission (SEC) has initiated its inaugural NFT enforcement action against Los Angeles-based company, Impact Theory.

SEC’s First-Ever NFT Enforcement Targets Impact Theory - Watcher

The Securities and Exchange Commission has charged Los Angeles-based entertainment company Impact Theory. The charges are on the grounds of conducting an

The Securities And Exchange Commission

SEC takes first action against an NFT project as an

The Securities and Exchange Commission today charged Impact Theory, LLC, a media and entertainment company headquartered in Los Angeles, with conducting an

SEC Charges LA-Based Media and Entertainment Co. Impact

The Commission Charged Impact Theory

The SEC’s First NFT Enforcement Action: SEC v. Impact

The Commission charged Impact Theory with engaging in an unregistered securities offering on the theory that the NFTs were offered and sold as investment contracts.

SEC.gov

SEC, Impact Theory Settle First-Ever NFT Enforcement

SEC Cracks Down on NFTs With First-Of-Its-Kind

SEC Takes First Enforcement Action in the NFT Space