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SEC Hits Flyfish Club With Charges for Unregistered NFT Offering

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. SEC Charges…

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Flyfish Club Settles with SEC for $750K Over Unregistered NFT Offering

🚀 Stay Ahead with AltcoinDaily.co! 🌐 Flyfish Club, LLC, an exclusive NFT-based restaurant project, has reached a $750,000 settlement with the U.S. Securities and Exchange Commission (SEC). The settlement addresses the SEC’s claims that Flyfish conducted an unregistered offering of crypto asset securities when it sold 1,600 non-fungible tokens (NFTs) to U.S. investors, raising $14.8…

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