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Mila Kunis Web Series Stoner Cats Faces SEC Enforcement Action for 'Unregistered' NFT Offerings

The production company behind Stoner Cats encouraged investors to buy and trade royalty-yielding NFTs, tying the collectibles to the success of its Hollywood-backed web series, the SEC said.

By Elizabeth Napolitano|Edited by Jesse Hamilton

Updated Sep 14, 2023, 3:32 p.m. Published Sep 13, 2023, 3:34 p.m.

The Securities and Exchange Commission says NFTs tied to the Stoner Cat series backed by Mila Kunis and Ashton Kutcher are unregistered securities. (Axelle/Bauer-Griffin/FilmMagic)