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Nation Shaken to Its Core as Bureaucrats Wreak Havoc on Innocent Flyfishermen With NFT Nightmare

A  fisherman is shown being swept away by a massive wave labeled 'Regulatory Action' as a giant NFT crashes down on him from above. In the background, a restaurant building lies in ruins amidst chaos.

Just when you thought it was safe to go back in the water… of cryptocurrency nonsense.

Source: bitcoin.com

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. The U.S. Securities and Exchange Commission (SEC) announced on Monday that it has charged Flyfish Club LLC […]

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