Here’s what happened in crypto today By Cointelegraph

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The United States Securities and Exchange Commission has charged a media and entertainment company with conducting an unregistered securities sale when it sold NFTs in 2021. Meanwhile, Laos decided to cut the electricity supply for crypto mining firms an critics of the decentralized social media app Friend.tech are already heralding its potential demise.

The Securities and Exchange Commission (SEC) has charged a podcaster with conducting an unregistered securities sale when it sold nonfungible tokens (NFTs) in 2021. It was the security regulator’s first claim against an NFT offering.

Official announcement suspending electricity for crypto miners. Source: Électricité du Laos