Stoner Cats Fair Fund

You were identified as someone who may have purchased Stoner Cats NFTs from Stoner Cats 2, LLC in the Offering on July 27, 2021.

You may review a copy of the Plan Notice, as well as other important documents, on the Documents page of this website.

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.

More information is detailed in the Notice and the Plan of Distribution, both of which may be found on the Documents page of this website.

The Offering was July 27, 2021.

Individuals and entities who purchased Stoner Cats NFTs from Stoner Cats 2, LLC in the Offering on July 27, 2021 may submit a Claim Form to participate in this Fair Fund.

The Commission ordered the Respondents to pay $1,000.00 in civil money penalties to the Commission. The Commission also created a Fair Fund, pursuant to Section 308(a) of the Sarbanes-Oxley Act of 2002, so the penalties paid can be distributed to harmed investors (the “Fair Fund”).

The Respondents have 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.

To qualify for a payment from the Stoner Cats Fair Fund, you must have purchased Stoner Cats NFTs from Stoner Cats 2, LLC in the Offering on July 27, 2021, and you must submit a completed Claim Form with the necessary documentation. Your completed Claim Form and documentation must be submitted online or postmarked by May 23, 2026 (the “Claims Bar Date”) to be considered for eligibility to receive a Distribution Payment and not be one of the excluded parties. You can submit your claim online, or you can download a Claim Form from the Documents page to be submitted by mail.

At this time, it is not possible to determine the amount of any individual payment because the amount will depend on a variety of factors, as further described in the approved Plan of Distribution. In order for a claim to be paid, the Distribution Amount must equal or exceed $20.00.

You are excluded from participation in the Stoner Cats Fair Fund if you are an Excluded Party as defined in the Plan, including:

• The Respondents;
• Present or former officers or directors of Respondent or any assigns, creditors, heirs, distributees, spouses, parents, dependent children, or controlled entities of any of the foregoing Persons or entities; Any employee or former employee of the Respondent or any of its affiliates who has been terminated for cause or has otherwise resigned, in connection with the conduct described in the Order;
• Any Person who, as of the Claims Bar Date, has been the subject of criminal charges related to the conduct described in the Order or any related Commission action;
• Any firm, trust, corporation, officer, or other entity in which Respondent has or had a controlling interest;
• The Fund Administrator, its employees, and those Persons assisting the Fund Administrator in its role as the Fund Administrator;
• Any purchaser or assignee of another Person’s right to obtain a recovery from the Fair Fund for value; provided, however, that this provision shall not be construed to exclude those Persons who obtained such a right by gift, inheritance, or devise; or
• Any person who is confirmed by the Fund Administrator through Wallet Screening or otherwise to be subject to sanctions.

Epiq Class & Claims Solutions, Inc. (“Epiq”) has been appointed as the Fund Administrator of the Stoner Cats Fair Fund to assist in overseeing the administration of the distribution of the Stoner Cats Fair Fund. This includes mailings, claims review, distribution, and other administrative tasks.

As a long-established firm, Epiq's electronic systems, software applications, and employee and operational protocols are all designed to protect and secure the case information provided to us. Further, Epiq is obligated to fulfill the security requirements mandated by the various court jurisdictions and governmental entities that oversee the various types of cases it administers.

You may contact the Fund Administrator by calling 1-888-896-8824, sending an email to info@StonerCatsFairFund.com, or by writing to P.O. Box 2930, Portland, OR 97208-2930 for more information.