Posted 9/14/2023, 3:38:16 PM
SEC Fines Creator of Mila Kunis-Backed Stoner Cats NFT Show $1M Over Unregistered $8M Crypto Offering
- SEC charges creator of "Stoner Cats" animated series with conducting unregistered $8M crypto offering
- Series produced by Mila Kunis and Ashton Kutcher; voiced by celebs including Jane Fonda
- Creator agrees to $1M penalty without admitting or denying findings
- SEC Marketing highlighted benefits of owning NFTs, leading buyers to expect profits
- Creator configured NFTs to get 2.5% royalty on each secondary market sale