The SEC Doubles Down on NFT Initiatives with Subpoenas

The SEC Doubles Down on NFT Initiatives with Subpoenas

Table of contents.

  • The U.S. SEC is for the time being investigating NFT projects and market members.
  • The govt. company objectives to safe dirt by issuing subpoenas to the projects.

The US Securities and Alternate Price (SEC) is hungry for controversy. The regulator is cracking down on all crypto projects in the country, particularly ones that agonize and promote NFTs.

A New York-based entirely law company has shared that the SEC is conducting investigations that would possibly well perchance hold some NFT projects by shock. The institution hopes to repeat doable violations of federal securities laws connected to the sale of NFTs, particularly after FTX’s empire fell through.

Below a Magnifying Glass

On Would possibly perchance presumably presumably 3, 2022, the SEC asserted that it would double down on regulating and penalizing the crypto sector. The federal company…

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