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10,320 NFTs
- In July 2021, Stoner Cats sold 10,320 NFTs to the public for ether valued at $8.2 million to fund the production of an animated series called Stoner Cats.
www.sec.gov/newsroom/speeches-statements/peirce-uyeda-statement-stonercats-091323Collecting Enforcement Actions: Statement on Stoner Cats 2, LLC
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Sep 13, 2023 · Stoner Cats 2 LLC agreed to pay a $1 million civil penalty and use it to establish a fund to return money to the buyers of the NFTs, the SEC said in a statement. It did not admit or deny any...
- Alex Weprin
Sep 14, 2023 · On July 27, 2021, Stoner Cats 2, LLC (SC2) sold 10,320 non-fungible tokens called “Stoner Cats” (hereinafter “Stoner Cats NFTs” or the “NFTs”), then valued at around $8.2 million, to fund the production of an animated series through an unregistered offering. 1 The Stoner Cats NFTs are tokens recorded on the Ethereum blockchain ...
Sep 13, 2023 · The SEC charged a company called Stoner Cats 2 LLC — which produced an animated web series “Stoner Cats” funded by sales of NFTs that were priced at $800 each — with conducting an ...
- Todd Spangler
Sep 13, 2023 · Stoner Cats 2 LLC did not admit or deny wrongdoing in settling charges it illegally raised $8.2 million in July 2021 by selling 10,320 NFTs for about $800 each, which sold out in 35 minutes.
Sep 15, 2023 · According to the SEC, Stoner Cats 2 LLC’s offering raised roughly $8mn from investors by selling more than 10,000 NFTs for roughly $800 each. The offering sold out in 35 minutes.
Sep 13, 2023 · In July 2021, Stoner Cats sold 10,320 NFTs to the public for ether valued at $8.2 million to fund the production of an animated series called Stoner Cats.
Sep 13, 2023 · Stoner Cats 2 LLC, the legal entity behind the NFT sale, agreed to a cease-and-desist order from the SEC and a fine of $1 million, per a statement from the agency.