SEC began to study the NFT market for illegal ICOs
The US Securities and Exchange Commission has begun investigating the activities of NFT issuers and collectible token trading platforms for violations of securities laws. According to Bloomberg, over the past months, law enforcement officials from the US Securities and Exchange Commission (SEC) have been sending NFT creators numerous requests for detailed information about token offerings. The main focus of the SEC is whether non-fungible tokens used to “secure” ownership of digital paintings and musical compositions,…
