SEC prices podcaster in first unregistered securities gross sales declare towards NFT providing

The USA Securities and Change Fee (SEC) has charged a media and leisure firm with conducting unregistered securities gross sales when it bought nonfungible tokens (NFTs) to buyers between October and December 2021.

Influence Principle, a Los Angeles-based firm that produces leisure and academic content material, together with a number of podcasts, allegedly raised nearly $30 million by means of the gross sales of NFTs it known as Founder’s Keys, which have been supplied in three tiers.

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