NFTs: the SEC's losing battle
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In the space of a few weeks, the US Securities and Exchange Commission (SEC) has penalised two companies, Impact Theory and Stoner Cats, for selling NFTs, which are considered to be financial securities. A questionable decision, according to lawyer Ingrid-Mery Haziot.

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Ingrid-Mery Haziot

Ingrid-Mery Haziot is an Associate Founder at Avant-Garde Avocats, a Paris-based European business law firm she has led since March 2020, specialising in intellectual property law across the arts, entertainment, culture, and technology sectors. Her practice covers IP and IT law, with a focus on assisting start-ups in blockchain and AI, and providing patent and copyright solutions to clients in creative and cultural industries.

Haziot has been active in the Web3 legal space since 2018, when she joined the French Blockchain Professional Federation (FFPB) as a member contributing to its blockchain and metaverse strategic committees. She is an active member of the French AFNOR Committee for Blockchain ISO standardisation and contributed to the AFNOR and FFPB white paper on NFT concepts and technological standards. She is co-founder of NFT Factory, established in 2022 as a Paris-based collective dedicated to NFTs, where she also serves on the investor club selection committee. Since 2021, she has served as the legal voice on the NFT Morning podcast, producing monthly legal commentary. She has participated in hearings for the CSPLA report on copyright and non-fungible tokens, and spoken at the APRAM/MEDEF conference on NFTs, the Metaverse, and intellectual property. She teaches media, music, and publishing law to professionals and is a member of the Web3 trainer group NonFungibleSpeaker. She holds board membership at AFPIDA and is a member of APRAM and Art and Law. Haziot holds two Masters II degrees in intellectual property law and business law (1992), an LLM in Anglo-American business law (2017), and two university diplomas in mediation law (2015) and digital law (2018).

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