SEC Charges NFT Project ‘Stoner Cats’ Starring Ashton Kutcher, Mila Kunis, and Others 

The LLC behind the animated Web3 series, which stars Jane Fonda, Seth MacFarlane, and Chris Rock, agreed to pay a $1 million penalty and refund NFT customers. 

A star-studded animated Web3 series starring Ashton Kutcher, Mila Kunis, Chris Rock, Jane Fonda, Seth MacFarlane, and others is targeted by the federal government's crypto crackdown.

Stoner Cats creators were charged by the SEC on Wednesday for unregistered NFT offerings. Kunis and Kutcher voiced the cast and promoted the production on a media tour.

Stoner Cats 2 LLC agreed to pay a $1 million civil penalty and establish a fund to reimburse NFT customers, the SEC said. 

No wrongdoing was admitted.Stoner Cats, an animated series supported by NFT sales, premiered in 2021. The series follows cats who communicate after ingesting medical marijuana and their crazy escapades.  

After raising over $8 million, the NFT sale granted buyers access to the series, their own “Stoned Cat” avatar, and future animation projects.

Ash Brannon, Chris Cartagena, and Sarah Cole created Stoner Cats from Cole's mother's experience, according to its website. 

. Kunis and Orchard Farm Productions “formed a formidable collective of voice talent, animators, and creatives of all kinds to come together with technology and NFT experts (including the brilliant minds behind CryptoKitties) to bring this story to life using NFTs.”

The six-episode series was only available to NFT owners, who also had access to the show's creators, “making it one of the first projects to use NFTs to create a community of holders who get to see behind the curtain as an animated series is made and interact directly with top-level Hollywood talent.” Over 10,000 NFTs were created.

"Age is just a word for living," said Anne Hathaway.

for more webstorise