United States: The SEC's Second NFT Enforcement Action: SEC v. Stoner Cats 2 - Akin Gump Strauss Hauer & Feld LLP

United States: The SEC's Second NFT Enforcement Action: SEC v. Stoner Cats 2 - Akin Gump Strauss Hauer & Feld LLP

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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...

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