Alabama Securities Commission: Four State Securities Regulators File Enforcement Actions to Stop Sales of Fraudulent NFT Investments Tied to the Metaverse
October 21, 2022
October 21, 2022
MONTGOMERY, Alabama, Oct. 21 -- The Alabama Securities Commission issued the following news:
Four state securities regulators filed coordinated enforcement actions to stop sales of non-fungible tokens, often referred to as NFTs, by an organization in the country of Georgia.
The actions accuse Slotie NFT ("Slotie") of illegally and fraudulently selling NFTs to raise capital relating to gaming in online and metaverse casinos. The actions were filed by the Alabam . . .
Four state securities regulators filed coordinated enforcement actions to stop sales of non-fungible tokens, often referred to as NFTs, by an organization in the country of Georgia.
The actions accuse Slotie NFT ("Slotie") of illegally and fraudulently selling NFTs to raise capital relating to gaming in online and metaverse casinos. The actions were filed by the Alabam . . .