SEC Charged Impact Theory And CEO Tom Bilyeu For Unregistered Offering Of NFTs

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Washington D.C., — On Aug. 28, 2023, The Securities and Exchange Commission charged Impact Theory, LLC, a media and entertainment company headquartered in Los Angeles, and with Tom Bilyeu as its CEO, with conducting an unregistered offering of crypto asset securities in the form of purported non-fungible tokens (NFTs). Impact Theory raised approximately $30 million … Read more