Nonfungible token marketplace Rarible has seen a substantial uptick in trading volume over 24 hours following a public statement in support of maintaining NFT creator royalties.
Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.
offerings. An OpenSea manager accused of insider trading was sentenced to three months in prison and fined $50,000, and Trump NFT prices shot up after the former U.S. president’s mugshot went viralThe SEC has charged a media and entertainment company with conducting unregistered securities sales when it sold NFTs to investors between October and December 2021.
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SEC Issues First Enforcement Action Targeting NFTsThe agency ruled Impact Theory’s NFTs were sold as unregistered securities.
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SEC Files and Settles First NFT Enforcement Action, Crypto Community ReactsSEC deems NFTs as securities in first enforcement case
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In a First for NFT Sector, SEC Charges Impact Theory Over Unregistered SecuritiesImpact Theory's CEO revealed that the company reached a settlement with the SEC.
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The Many Layers of the SEC’s First NFT Enforcement ActionPreston Byrne, a crypto industry lawyer, argues different regulatory regimes apply to different ways of building code.
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Grayscale's Chief Legal Officer Talks Bitcoin ETF Decision; Bitcoin Price Rallies on Grayscale Court WinGrayscale Investments Chief Legal Officer Craig Salm joins 'First Mover' to discuss the next steps after a federal court ruled the SEC must review its rejection of Grayscale’s attempt to convert the GBTC into an ETF. Kaiko Director of Research Clara Medalie discusses the market reaction as bitcoin (BTC)'s price surged on the news. Plus, former SEC Special Counsel Hermine Wong shares insights into the impact of the SEC issuing its first enforcement action targeting NFTs.
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