The federal government’s crypto crackdown is hitting Hollywood again — this time targeting a starry animated Web3 series featuring the voices of Ashton Kutcher, Mila Kunis, Chris Rock, Jane Fonda, Seth MacFarlane and more.
The Securities and Exchange Commission on Wednesday charged the creators of the Nft cartoon series Stoner Cats for an unregistered offering of NFTs. Kunis and Kutcher not only lent their voices to the cast but also went on a media tour to tout the project.
Stoner Cats 2 LLC agreed to pay a $1 million civil penalty and use it to establish a fund to return money to the buyers of the NFTs, the SEC said in a statement. It did not admit or deny any wrongdoing.
Stoner Cats launched in 2021 as an animated series funded by selling NFTs to buyers. The series is about the wacky adventures of cats who learn to talk after inhaling medical marijuana.
The Securities and Exchange Commission on Wednesday charged the creators of the Nft cartoon series Stoner Cats for an unregistered offering of NFTs. Kunis and Kutcher not only lent their voices to the cast but also went on a media tour to tout the project.
Stoner Cats 2 LLC agreed to pay a $1 million civil penalty and use it to establish a fund to return money to the buyers of the NFTs, the SEC said in a statement. It did not admit or deny any wrongdoing.
Stoner Cats launched in 2021 as an animated series funded by selling NFTs to buyers. The series is about the wacky adventures of cats who learn to talk after inhaling medical marijuana.
- 9/13/2023
- by Alex Weprin
- The Hollywood Reporter - Movie News
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