Trump NFTs back in demand, SEC says NFT sales are unregistered securities: Nifty Newsletter
Trump NFT prices spiked after the former U.S. president’s mugshot in police custody was released. Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights. In this week’s newsletter, the United States Securities and Exchange Commission (SEC) registered its first un registered securities sales claim against nonfungible token (NFT) offerings. An OpenSea manager accused of insider trading was sentenced to three months in prison and fined $50,000, and Trump NFT prices shot up after the former U.S. president’s mugshot went viral . SEC charges podcaster in first unregistered securities sales claim against NFT offering The SEC has charged a media and entertainment company with conducting un registered securities sales when it sold NFTs to investors between October and December 20...