Flyfish Club settles with SEC for $750,000 over unregistered NFT offering

The Securities and Exchange Commission (SEC) has reached a settlement with Flyfish Club – the company behind a high-profile NFT-based restaurant membership project. The agreement requires Flyfish to pay $750,000 in civil penalties. The penalty is for allegedly conducting an unregistered offering of crypto asset securities. “Between August 2021 and May 2022, Flyfish conducted an

Source: Cryptopolitan