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SEC Hits Flyfish Club With Charges for Unregistered NFT Offering
Home » Food & Drinks » Restaurants » SEC Hits Flyfish Club With Charges for Unregistered NFT Offering

SEC Hits Flyfish Club With Charges for Unregistered NFT Offering

Kevin Helms 18/09/2024 10:03

The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive restaurant project. “Flyfish agreed to a cease-and-desist order, to pay a $750,000 civil penalty, and to comply with certain undertakings,” the regulator noted…

Bitcoin.com
The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive restaurant project. “Flyfish agreed to a cease-and-desist order, to pay a $750,000 civil penalty, and to comply with certain undertakings,” the regulator noted…
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