Soulja Boy Back to Selling NFTs Weeks After SEC Charges of Illegal Crypto Promotion

Apr 06, 2023 · 1 min read · 45 points
Soulja Boy Back to Selling NFTs Weeks After SEC Charges of Illegal Crypto Promotion
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Limited Edition Soulja Boy 3D NFTs (non-fungible tokens) are comprised of 500 items on the Ethereum blockchain. The SEC charged the rapper and seven other celebrities with illegal crypto promotions in March.

Highlights

  • Limited Edition Soulja Boy 3D NFTs (non-fungible tokens) are comprised of 500 items on the Ethereum blockchain.
  • The rapper’s new NFT collection has a total volume of 68 ETH, which comes close to $128,000 at the time.
  • The SEC has charged him and seven other celebrities with illegal crypto promotions in March.
  • At press time, the rapper’s NFT collections have 246 owners with 683 sales, of which 49% are unique owners.
  • The Securities and Exchange Commission has not confirmed if the rapper has settled these charges with the SEC at time of press time.
  • According to reports, Kim Kardashian, Lindsay Lohan, and Akon have paid $400,000 in fines.

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