Mila Kunis-Backed Stoner Cats Faces SEC Enforcement Motion for “Unregistered” NFT Choices



In response to the SEC, Stoner Cats NFT holders have been incentivized to commerce the NFTs, receiving a 2.5% royalty for every secondary-market transaction involving the collectibles. That inspired people to purchase and promote the NFTs in not less than 10,000 secondary transactions value greater than $20 million, based on regulators. As well as, not less than 20% have been resold earlier than the primary episode of the Stoner Cats internet sequence had even aired, the order reveals.

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