Stoner Cats $8m NFT offer prompts SEC to roll up a fine

Creators of NFT-driven cartoon series Stoner Cats fined for offering unregistered securities.

The US SEC has charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of crypto asset securities in the form of purported non-fungible tokens (NFTs) that raised approximately $8m from investors to finance the animated web series.

The NFT-financed cartoon series, also called Stoner Cats, features the vocal

The

Free Trial

Register for free to keep reading.

To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.

  • Unlimited access to industry insights
  • Stay on top of key rules and regulatory changes with our Rules Navigator
  • Ad-free experience with no distractions
  • Regular podcasts from trusted external experts
  • Fresh compliance and regulatory content every day
Register for free Already a member? Sign in