ZEN INVESTING
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SEC Commissioners Peirce and Uyeda Disagree on Impact Theory Enforcement Action
The US SEC has launched its first enforcement action against Impact Theory, LLC, for raising $30 million through an unregistered offering of NFTs disguised as securities, despite Commissioners Peirce and Uyeda arguing for clearer regulations.
zen investing
SEC Charges Impact Theory for Unregistered NFT Sales
Impact Theory, a Los Angeles-based company, has been charged by the SEC with violating federal securities laws by offering unregistered NFTs as investment contracts.