American Restaurant Flyfish Club 就未注册的 NFT 发行与 SEC 达成和解

Flyfish Club 将支付 75 万美元罚款，并在十天内销毁该公司拥有的所有 NFT。

American restaurant Flyfish Club has agreed to pay a $750,000 fine to the U.S. SEC for an “unregistered offering of crypto asset securities.”

美国餐厅 Flyfish Club 已同意因“未经注册发行加密资产证券”而向美国 SEC 支付 75 万美元罚款。

According to the SEC ruling, between August 2021 and May 2022, Flyfish Club sold around 1,600 NFTs to investors. These tokens were supposed to become an exclusive means of obtaining membership in the club. The project earned $14.8 million, which was planned to finance the construction and launch of a private restaurant, Flyfish Club, intended only for club members.

根据 SEC 的裁决，2021 年 8 月至 2022 年 5 月期间，Flyfish Club 向投资者出售了约 1,600 个 NFT。这些代币本应成为获得俱乐部会员资格的独家手段。该项目获得了 1480 万美元，计划用于资助建造和开设一家私人餐厅 Flyfish Club，该餐厅仅供俱乐部会员使用。

The regulator argues that these NFTs fall under federal securities laws because token holders can resell them at a higher price and earn passive income by renting them out. Based on these findings, the agency said Flyfish Club violated Sections 5(a) and 5(c) of the Securities Act of 1933 by failing to register the collectible tokens as securities. The SEC’s order requires Flyfish Club to pay a civil penalty of $750,000 and destroy all NFTs in the company’s possession within ten days.

监管机构认为，这些 NFT 受联邦证券法管辖，因为代币持有者可以以更高的价格转售它们，并通过出租它们来赚取被动收入。根据这些调查结果，该机构表示，Flyfish Club 未能将可收藏代币注册为证券，违反了 1933 年《证券法》第 5(a) 和 5(c) 条。 SEC 的命令要求 Flyfish Club 支付 75 万美元的民事罚款，并在十天内销毁该公司拥有的所有 NFT。

However, not all SEC officials agree with the agency’s actions. Former SEC representatives Hester Peirce and Mark Uyeda insist that Flyfish Club’s NFTs are utility tokens, not securities. They were created to provide access to exclusive dining offers and not as speculative investment vehicles. Peirce and Uyeda are concerned that the SEC’s intervention could negatively impact NFT holders by making them even more difficult to transfer and resell.

然而，并非所有 SEC 官员都同意该机构的行动。前 SEC 代表 Hester Peirce 和 Mark Uyeda 坚称 Flyfish Club 的 NFT 是实用代币，而不是证券。它们的创建是为了提供独家餐饮优惠，而不是作为投机性投资工具。 Peirce 和 Uyeda 担心 SEC 的干预可能会对 NFT 持有者产生负面影响，使他们更难转让和转售。

“Leaving crypto to be addressed in an endless series of misguided and overreaching cases has been and continues to be a consequential mistake.”

“让加密货币在一系列无休无止的误导和过度案例中得到解决，一直是并将继续是一个严重的错误。”

The commissioners emphasized that NFTs are a new tool for chefs and artists to monetize their talents and provide unique experiences that overly restrictive regulatory interpretations shouldn’t stifle.

委员们强调，NFT 是厨师和艺术家将其才华货币化的新工具，并提供独特的体验，过度限制性的监管解释不应扼杀这些体验。

In August, the SEC threatened to sue OpenSea, arguing that the collectible tokens traded on OpenSea are securities.

8 月，SEC 威胁要起诉 OpenSea，称 OpenSea 上交易的收藏代币是证券。

OpenSea CEO Devin Finzer reacted to the SEC’s Wells notice, calling it “regulatory saber-rattling” that's venturing into “uncharted territory”. He feared it could backfire and cause creators of NFTs to stop making digital art.

OpenSea 首席执行官德文·芬泽 (Devin Finzer) 对 SEC 的威尔斯通知做出了反应，称其为“监管武力威胁”，正在冒险进入“未知领域”。他担心这可能会适得其反，导致 NFT 的创作者停止制作数字艺术。

OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities.

OpenSea 收到了来自 SEC 的 Wells 通知，威胁要起诉我们，因为他们认为我们平台上的 NFT 是证券。

We're shocked the SEC would make such a sweeping move against creators and artists. But we're ready to stand up and fight.

我们对美国证券交易委员会会对创作者和艺术家采取如此全面的行动感到震惊。但我们已经准备好站起来战斗。

Cryptocurrencies have long…

加密货币长期以来...

Finzer said the company would defend the rights of digital artists and promised to set aside $5 million to cover legal costs for any NFT developers who might receive a similar notice from the regulator.

芬泽表示，该公司将捍卫数字艺术家的权利，并承诺拨出 500 万美元，为任何可能收到监管机构类似通知的 NFT 开发商支付法律费用。

The SEC, meanwhile, continues to face criticism from the crypto community and U.S. lawmakers. In 2022, the agency first turned its attention to NFTs, accusing a Los Angeles-based media company of selling unregistered securities through NFTs. The case ended in a $6 million settlement.

与此同时，美国证券交易委员会继续面临加密货币社区和美国立法者的批评。 2022年，该机构首次将注意力转向NFT，指控一家总部位于洛杉矶的媒体公司通过NFT出售未注册的证券。该案以 600 万美元和解告终。

In the wake of the harassment, the U.S. House Subcommittee on Digital Assets, Fintech, and Inclusion said it would hold a hearing titled “Dazed and Confused: Breaking Down the SEC’s Politicized Approach to Digital Assets.”

骚扰事件发生后，美国众议院数字资产、金融科技和包容性小组委员会表示，将举行题为“茫然与困惑：打破 SEC 对数字资产的政治化方法”的听证会。

The subcommittee said SEC Chairman Gary Gensler “prioritized and pursued an enforcement and regulatory agenda to the detriment of the digital asset ecosystem” during his tenure on the panel.

该小组委员会表示，SEC 主席加里·根斯勒 (Gary Gensler) 在担任该小组成员期间“优先考虑并推行了不利于数字资产生态系统的执法和监管议程”。

“During Chair Gensler’s tenure, the SEC has not released guidance on how the SEC determines whether a digital asset meets the definition of a security. Rather, Chair Gensler and the SEC have publicly opined.”

“在 Gensler 主席任职期间，SEC 尚未发布关于 SEC 如何确定数字资产是否符合证券定义的指南。相反，Gensler 主席和 SEC 已经公开发表了意见。”

They cited inconsistencies with the SEC Chair’s position on digital assets as securities under the Howey test and disagreements among commissioners.

他们指出，这与 SEC 主席关于豪伊测试下数字资产作为证券的立场不一致，以及委员之间存在分歧。

Former SEC Commissioner Dan Gallagher and former agency lawyer Michael Liftick are expected to testify at the hearing on Sep. 18.

前 SEC 专员 Dan Gallagher 和前机构律师 Michael Liftick 预计将在 9 月 18 日的听证会上作证。

Coinbase founded the legal advocacy group Stand With Crypto and launched a Legal Defense Fund to protect NFT projects.

Coinbase 成立了法律倡导组织 Stand With Crypto，并推出了法律辩护基金来保护 NFT 项目。

Today, we raise our shield to protect a foundational part of the crypto community.

今天，我们举起盾牌来保护加密社区的基础部分。

Alongside @opensea & @a16zcrypto, we are launching a $6m legal defense fund for NFT creators.

除了 @opensea 和 @a16zcrypto 之外，我们还为 NFT 创作者推出了 600 万美元的法律辩护基金。

Creatives can now stand up to misguided actions from the SEC.

创意人士现在可以抵制 SEC 的误导行为。

Learn more: https://t.co/8fc2YEQs80 pic.twitter.com/dmOtoN3gbi

了解更多：https://t.co/8fc2YEQs80 pic.twitter.com/dmOtoN3gbi

On Sep. 13, Stand With Crypto announced a $6 million fund backed by venture giant a16z and NFT marketplace OpenSea. Leading law firms Fenwick & West LLP, Goodwin Procter LLP, and Latham & Watkins LLP will provide critical legal resources to those working in the blockchain and NFT space, according to the statement. A16z contributed $1 million to the Creator Legal Defense Fund, while OpenSea donated $5 million.

9 月 13 日，Stand With Crypto 宣布设立 600 万美元基金，由风险投资巨头 a16z 和 NFT 市场 OpenSea 提供支持。声明称，领先的律师事务所 Fenwick & West LLP、Goodwin Procter LLP 和 Latham & Watkins LLP 将为区块链和 NFT 领域的工作人员提供重要的法律资源。 A16z 向创作者法律辩护基金捐赠了 100 万美元，OpenSea 则捐赠了 500 万美元。