NFT-Funded Animated Production ‘Stoner Cats’ Fined $1M By SEC For Misleading Investors; Voice Cast Include Ashton Kutcher, Mila Kunis & Jane Fonda
deadline.comAn NFT-backed animated series production featuring the voices of Ashton Kutcher, Mila Kunis, Chris Rock, Dax Shepard, Jane Fonda and Seth MacFarlane has been fined $1 million for misleading investors.
Stoner Cats, which was funded through the sale of $8 million in non-fungible tokens [NFTs] to investors in 2021, was part of a scheme to misappropriate those funds, according to charges brought by the Securities and Exchange Commission.
The SEC said it charged production entity Stoner Cats 2 LLC with conducting an unregistered offering of crypto asset securities.
Kunis is listed on the production’s website as a member of the “production team” and “blockchain team.” She and Kutcher have had a difficult week, having faced intense criticism for offering legal statements supporting former That ’70s Show castmate Danny Masterson despite his sentencing to three decades in prison on felony rape conviction.
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