01/09/2023 Trump NFTs back in demand, SEC says NFT sales are unregistered securities: Nifty Newsletter

Trump NFT prices spiked after the former U.S. president’s mugshot in police custody was released.

Trump NFTs back in demand, SEC says NFT sales are unregistered securities: Nifty Newsletter

​​Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.

In this week’s newsletter, the United States Securities and Exchange Commission (SEC) registered its first unregistered securities sales claim againstnonfungible token (NFT)offerings. An OpenSea manager accused of insider trading was sentenced to three months in prison and fined $50,000, and Trump NFT prices shot up after the former U.S. president’s mugshot went viral.

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https://cointelegraph.com/news/trump-nft-back-in-demand-sec-says-nft-sales-are-unregistered-security-nifty-newsletter