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US SEC Fines Flyfish Club $750K for NFT Violations

US SEC Fines Flyfish Club $750K for NFT Violations

Flyfish Club raised $14.8 million by selling around 1,600 NFTs, marketed as memberships to an exclusive dining club. In response to Flyfish Club, LLC’s unregistered sale of non-fungible tokens (NFTs), the United States Securities and Exchange Commission (SEC) has issued an order against the company. The judgment has led to a growing disagreement within the […]