Stoner Cats Fair Fund

If you purchased Stoner Cats NFTs from Stoner Cats 2, LLC in the Offering on July 27, 2021, you may be eligible to receive a distribution payment from the Stoner Cats Fair Fund.

All Claim Forms must be submitted so that they are postmarked or submitted electronically on or before May 23, 2026.

Click here to file your claim online. If you wish to download a copy of the Claim Form, click here.

If you have any questions regarding the Plan Notice or the claims process for the Stoner Cats Fair Fund, you may contact the Fund Administrator for more information toll-free at 888-896-8824; via email at Info@StonerCatsFairFund.com; or by writing to Stoner Cats Fair Fund, Fund Administrator, P.O. Box 2930, Portland, OR 97208-2930.

Background

On September 13, 2023, the Commission issued the Order instituting and simultaneously settling administrative proceedings against Respondent Stoner Cats 2. In the Order, the Commission found that on July 27, 2021, Stoner Cats 2 conducted an unregistered offering of crypto assets offered and sold as securities in the form of non-fungible tokens called Stoner Cats (“Stoner Cats NFTs” or “NFTs”). According to the Order, Stoner Cats 2 offered and sold to the public, including U.S. investors, 10,320 NFTs for 0.35 ETH (approximately $800) each. According to the Order, the offering sold out in 35 minutes and generated gross proceeds in ETH equal at the time to approximately $8.2 million. The Commission found that Stoner Cats 2 was required to, but did not, register the offer and sale of Stoner Cats NFTs with the Commission and no exemption from registration was available. As described in the Order, Stoner Cats 2 thus violated Sections 5(a) and 5(c) of the Securities Act of 1933. The Commission ordered the Respondent to pay a $1,000,000 civil money penalty to the Commission. The Commission also created a Fair Fund, pursuant to Section 308(a) of the Sarbanes-Oxley Act of 2002, so the penalty collected can be distributed to harmed investors.

The Respondent has paid in full. The Fair Fund has been deposited in a Commission-designated account at the United States Department of the Treasury, and any accrued interest will be added to the Fair Fund.