The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive restaurant project. “Flyfish agreed to a cease-and-desist order, to pay a $750,000 civil penalty, and to comply with certain undertakings,” the regulator noted. SEC Charges […]
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FBI Arrests Five in Crypto Hacking and Data Theft Case | by Crypto Point | The Capital | Nov, 2024
If convicted, the defendants face severe penalties, including up to 20 years in prison for wire fraud charges.Federal authorities have...