A media company that claimed it wanted to “build the next Disney” is now facing charges from America’s crypto regulator. The Securities and Exchange Commission announced Monday (Aug. 28) that the Los Angeles-based Impact Theory conducted an unregistered offering of crypto asset securities in the form of purported non-fungible tokens...
August 29, 2023
The year 2023 will forever be remembered as the year the U.S. Securities and Exchange Commission (SEC) went to war with crypto. Determining who is truly trying to innovate a new and exciting financial category, versus who is a digital asset scam artist, remains among the central questions circling the crypto space. This, as the […]
August 28, 2023
A media company that claimed it wanted to “build the next Disney” is now facing charges from America’s crypto regulator. The Securities and Exchange Commission announced Monday (Aug. 28) that the Los Angeles-based Impact Theory conducted an unregistered offering of crypto asset securities in the form of purported non-fungible tokens (NFTs), raising $30 million in the process. The charges come […]
