Producers of ‘Stoner Cats’ Series, Whose Cast Included Ashton Kutcher and Mila Kunis, Charged by SEC With Illegal Sale of $8 Million Worth of NFTs
variety.comTodd Spangler NY Digital Editor The SEC charged a company called Stoner Cats 2 LLC — which produced an animated web series “Stoner Cats” funded by sales of NFTs that were priced at $800 each — with conducting an unregistered offering of crypto asset securities.
The NFT sale of the Stoner Cats in July 2021 raised approximately $8 million to finance “Stoner Cats.” The voice cast of the “Stoner Cats” series included Ashton Kutcher, Mila Kunis, Chris Rock, Dax Shepard, Gary Vaynerchuk, Jane Fonda, Michael Bublé, Seth MacFarlane and Vitalik Buterin.
According to the SEC, “Without admitting or denying the SEC’s findings, SC2 agreed to a cease-and-desist order and to pay a civil penalty of $1 million.” The order establishes a fund to return money that “injured investors paid to purchase the NFTs,” according to the agency.
SC2 also agreed “to destroy all NFTs in its possession or control and publish notice of the order on its website and social media channels.” Variety has sent to a request for comment to the email contact listed for Stoner Cats but did not receive a reply as of press time.
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