🚀 Breaking Crypto News! 🚀

🔹 The SEC just fined Flyfish Club $750k for selling 1,600 NFTs without registering them. Flyfish made $14.8 million from the sale.

🔹 SEC Commissioners Hester Peirce and Mark Uyeda criticized the move, saying that NFTs are just a way to sell new memberships and do not violate securities laws.

🔹 Flyfish NFTs allow customers to dine in at its Manhattan restaurant, which is set to open this month.

🔹 The SEC has also targeted other NFT projects like Impact Theory and Stoner Cats 2, and may take action against OpenSea.

💬 What do you think? Comment below! 👇

#Crypto#Blockchain#NFT#SEC#FlyfishClub#GaryVaynerchuk