Stoner Cats NFT SEC Settlement 2026 — $1M Fair Fund, File Claim by May 23
SEC Enforcement · NFT · Fair Fund HOT

Stoner Cats NFT SEC Settlement — $1 Million Fair Fund for July 2021 Offering Buyers

By Steve Levine

Stoner Cats NFT SEC $1 million Fair Fund class action settlement claim form 2026

Published: March 9, 2026

Status Claims Open SEC Fair Fund (not a class action); Distribution Plan approved; Epiq accepting claims now
Claim Deadline May 23, 2026 — last day to file online by 11:59 p.m. at StonerCatsFairFund.com or postmarked by mail
Settlement Payment Pro rata cash from $1,000,000 Fair Fund (plus accrued interest) $20 minimum distribution · payout scales to each claimant's "recognized loss" on the July 27, 2021 mint
Proof Required Yes — transaction documentation for the original July 27, 2021 mint wallet transaction records, on-chain transaction hash, or exchange records showing the original mint purchase from Stoner Cats 2, LLC

What Is the Stoner Cats NFT SEC Settlement About?

Did you buy a Stoner Cats NFT when they first went on sale on July 27, 2021? You may be eligible for a cash distribution from a $1,000,000 Securities and Exchange Commission Fair Fund administered by Epiq Class Action & Claims Solutions. The claim deadline is May 23, 2026, and the minimum distribution payment is $20.

Stoner Cats 2, LLC created a collection of 10,320 NFTs (non-fungible tokens) to fund an animated web series called Stoner Cats, which featured a cast of well-known Hollywood voice actors. On July 27, 2021, Stoner Cats 2 sold the NFTs to the public at 0.35 ETH each — roughly $800 per NFT at the time. The collection sold out in about 35 minutes and raised approximately $8.2 million.

In September 2023, the U.S. Securities and Exchange Commission determined that the Stoner Cats NFTs were offered and sold as unregistered securities. The SEC issued a settled cease-and-desist order (Securities Act Release No. 33-11233, Administrative Proceeding File No. 3-21655) and ordered Stoner Cats 2 to pay a $1,000,000 civil penalty without admitting or denying the findings. The Company has paid the penalty in full.

The SEC then established a "Fair Fund" under Section 308(a) of the Sarbanes-Oxley Act of 2002 so that the penalty money (plus any accrued interest) could be distributed back to investors who were harmed in the original offering. The Fund Administrator, Epiq Class Action & Claims Solutions, is now accepting claims at StonerCatsFairFund.com.

SEC Fair Fund vs. Class Action — What's the Difference?

Although this page lives in the OCA settlements directory, the Stoner Cats distribution is technically an SEC Fair Fund, not a private class action. A few things to know:

No class certification, no opt-out. The SEC determines eligibility and the Distribution Plan; there is no court-approved settlement class, no named class representatives, and no opt-out or objection deadline.
The money comes from the SEC's civil penalty. The $1 million penalty Stoner Cats 2 paid into the U.S. Treasury was redirected to a Fair Fund and is being returned to harmed investors.
No release of private claims. Filing a Fair Fund claim does not release any private claims you may have against Stoner Cats 2 or any other party. If a separate private NFT class action is later filed and settled, that case would have its own release terms.
Distribution is pro rata if losses exceed the fund. If total recognized losses across all approved claims exceed $1 million plus interest, every approved payment is reduced proportionally.

30-Second Self-Test: Do I Qualify for the Stoner Cats Fair Fund?

Answer the questions below.

Question 1 (Eligibility window). Did you purchase one or more Stoner Cats NFTs directly from Stoner Cats 2, LLC in the original public offering on July 27, 2021?

• If yes, you are potentially eligible.
• If you only bought a Stoner Cats NFT on a secondary marketplace (such as OpenSea) after the original mint, you do not qualify. Only original-mint purchasers are eligible.

Question 2 (Recognized loss). Did the value of the NFT(s) decline relative to your original mint price, or did you sell at a loss after paying royalties to Stoner Cats 2?

• If yes, you likely have a "recognized loss" as defined by the Distribution Plan.
• If you sold at a profit before the SEC's September 13, 2023 order date, your recognized loss may be calculated as zero and you may not receive a payment even if you file.

Question 3 (Exclusions). Are you an officer, director, or employee of Stoner Cats 2, LLC, or a person subject to U.S. sanctions?

• If yes, you are excluded from the Fair Fund.

How Recognized Loss Is Calculated

The Fund Administrator calculates your recognized loss on a per-NFT basis, using inputs that include:

• Your purchase price: 0.35 ETH converted to USD at the time of the original mint on July 27, 2021.
• Your sale price (if you sold), denominated in USD at the time of sale.
Royalties paid to Stoner Cats 2 on secondary market sales, which were typically 2.5% of the sale price.
Timing relative to September 13, 2023, the SEC's order date. Sales before or after that cut-off may be treated differently by the Distribution Plan.

If you still hold your NFT, the Distribution Plan uses a fair-value methodology described in the Plan to estimate any remaining loss. If you sold at a loss, the loss is generally the difference between your purchase price (plus any royalties paid) and your sale price. If you sold at a profit, your recognized loss may be zero.

The minimum distribution is $20. If your calculated recognized loss would produce a payment below the $20 floor, no payment is issued for that claim. If total approved recognized losses exceed the Fair Fund balance (~$1 million plus interest), each payment is reduced pro rata.

What You Need to File a Stoner Cats Claim

This is a proof-required claim. You will need transaction documentation for each Stoner Cats NFT you purchased in the original offering. Acceptable documentation typically includes:

Wallet transaction records from the Ethereum address you used to mint, showing the July 27, 2021 transaction to the Stoner Cats 2 smart contract.
Blockchain transaction hashes (tx hashes) for the mint transaction, viewable on Etherscan or any other Ethereum block explorer.
Exchange or custodial-wallet records showing the original mint purchase, if you minted through a custodial service.
Records of any secondary market sales of the NFT(s) you minted, including sale price and date, for recognized loss calculation.
Records of royalties paid on secondary sales, if applicable.

If you no longer control the wallet you used to mint (for example, you lost access to the private key), check the Fund Administrator's website for guidance on alternative documentation. Claims without sufficient transaction proof are likely to be denied or marked deficient.

How to File the Stoner Cats Fair Fund Claim in 2026

Method 1: Online (recommended). Go to StonerCatsFairFund.com, click the Submit a Claim link, and complete the online Claim Form. Upload your wallet records, transaction hashes, and any secondary-sale or royalty documentation. You will receive a confirmation with a claim number. Online claims must be submitted by 11:59 p.m. on May 23, 2026.

Method 2: U.S. Mail. Download the paper Claim Form from the Documents section of the Fair Fund website. Complete it with your contact information, wallet address(es), and a list of each Stoner Cats NFT you purchased in the original offering, with supporting documentation attached. Mailed claims must be postmarked by May 23, 2026 and sent to the Fund Administrator at the address printed on the form.

Before you file, gather: the Ethereum wallet address(es) you used to mint, your transaction hashes for each NFT minted on July 27, 2021, records of any secondary market sales (sale price, date, royalty paid), a current mailing address and email for distribution, and a U.S. Taxpayer Identification Number (TIN) or W-9 if requested by the Fund Administrator for U.S. tax-reporting purposes.

Key Stoner Cats Settlement Dates


• Original NFT mint: July 27, 2021 (10,320 NFTs at 0.35 ETH each)
• SEC settled cease-and-desist order: September 13, 2023 (Release No. 33-11233)
• Civil penalty paid into U.S. Treasury: late 2023 ($1,000,000)
• Fund Administrator appointed: March 28, 2025 (Epiq Class Action & Claims Solutions)
• Claim filing window opened: 2026
• Claim Form deadline: Friday, May 23, 2026 (online by 11:59 p.m. or postmarked by mail)
• Claim Status Notices expected: within ~120 days after the May 23, 2026 deadline

When Will I Get My Stoner Cats Settlement Payment?

Distribution timing depends on how quickly the Fund Administrator finishes reviewing claims and the SEC approves the final Distribution Plan.

Claim review period: Epiq reviews each claim for eligibility and recognized-loss calculation; expect a Claim Status Notice within roughly 120 days after the May 23, 2026 deadline.
Deficiency cure window: if your claim is marked deficient (missing wallet records or transaction proof), you typically get a chance to fix it before final denial.
SEC approval of the final Distribution Plan: follows completion of claim review.
Distribution begins: typically several weeks to several months after SEC approval of the final Plan.
Best case: first cash distributions to approved claimants could reach class members in late 2026 or 2027, depending on claim volume and Plan approval timing.

Cash distributions are typically issued by check or by electronic payment to the bank account or address provided on your Claim Form. Distribution method specifics will be confirmed in your Claim Status Notice.

What Happens If I Do Nothing?

If you bought a Stoner Cats NFT in the original July 27, 2021 offering and do nothing by the May 23, 2026 deadline, you will not receive a payment from the Fair Fund. Unlike many private class action settlements, the Stoner Cats Fair Fund has no automatic distribution — every payment requires an approved claim.

Because there is no class certification and no settlement release, doing nothing also means you are not giving up any private legal claims. The Fair Fund does not function as a release.

Watch Out for Stoner Cats Fair Fund Scams

NFT and crypto-related settlements attract scams because eligible wallets are publicly identifiable on-chain. Be cautious:

Use the official Fair Fund site only: StonerCatsFairFund.com. Bookmark the URL and type it directly. Be wary of social-media DMs, "settlement" airdrops, or look-alike domains.
Never sign a wallet transaction or message to "verify" your eligibility. The Fair Fund Claim Form does not require you to sign any on-chain transaction or message. Anyone asking you to connect your wallet and sign a message to "claim" your Fair Fund payment is running a scam — that signature can be used to drain assets.
Never share your seed phrase or private keys with anyone claiming to handle your claim. Epiq does not need them.
Never pay a fee to file. Legitimate SEC Fair Funds do not charge claim fees, processing fees, or "release" fees.
Beware of fake refund emails. If you receive a "Stoner Cats refund is waiting" message, verify by going directly to the official site rather than clicking the email link.

Other Active NFT, Crypto, and Securities Class Action Settlements

NFT and crypto-asset enforcement actions have produced several SEC Fair Funds and private settlements in recent years. Eligibility in one settlement does not affect eligibility in any other unrelated one.

Other related OCA coverage:

Open class action settlements directory — complete list of active consumer and investor cases
Latest class action news and updates
Active class action investigations

How Do I Find Class Action Settlements?

Find all the latest class actions you can qualify for by getting notified of new lawsuits as soon as they are open to claims:


Claim Form Website: StonerCatsFairFund.com


Submit Claim


Frequently Asked Questions About the Stoner Cats Settlement

Who qualifies for the Stoner Cats Fair Fund?

Individuals and entities who purchased one or more Stoner Cats NFTs directly from Stoner Cats 2, LLC in the original July 27, 2021 offering and who have a calculated "recognized loss" of at least $20. People who only bought on the secondary market do not qualify.

How much will I get?

It depends on your recognized loss (per-NFT calculation using your mint price, sale price if any, royalties paid, and timing). Minimum distribution is $20. If total approved losses exceed the fund, every payment is reduced pro rata.

Do I need to file a claim?

Yes. The Fair Fund does not pay automatically. You must submit a Claim Form online or by mail with supporting transaction documentation by May 23, 2026.

What documentation do I need?

Wallet records, blockchain transaction hashes, or exchange records showing the original July 27, 2021 mint purchase from Stoner Cats 2, LLC. Also include records of any secondary-market sales and royalty payments.

Is this a class action lawsuit?

No. It is an SEC Fair Fund under Section 308(a) of Sarbanes-Oxley, not a certified settlement class. There is no opt-out, no objection deadline, and no class-action release.

What is the deadline?

Friday, May 23, 2026. Online by 11:59 p.m. at StonerCatsFairFund.com or postmarked by mail.

When will I get paid?

After Epiq reviews claims and the SEC approves the final Distribution Plan. Best case: distributions begin in late 2026 or 2027 depending on claim volume and Plan approval timing.

Official Settlement Notice (PDF)

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Sources

• Official Fair Fund Website: StonerCatsFairFund.com
SEC — Stoner Cats 2, LLC Distribution Page
SEC Press Release 2023-178 — Charges Against Creator of Stoner Cats Web Series (Sept. 13, 2023)
In the Matter of Stoner Cats 2, LLC, Securities Act Release No. 33-11233, Administrative Proceeding File No. 3-21655
• Fund Administrator: Epiq Class Action & Claims Solutions, Inc.
• Statutory Basis: Section 308(a) of the Sarbanes-Oxley Act of 2002 (Fair Fund authority)
• Violation: Sections 5(a) and 5(c) of the Securities Act of 1933 (unregistered offer and sale of securities)


Filing Class Action Settlement Claims

Please submit only truthful information through the Fair Fund website. False or fraudulent submissions can be rejected and may lead to penalties. The official Fair Fund site (StonerCatsFairFund.com) is the authoritative source for eligibility, recognized-loss calculations, and claim instructions. If you are not sure whether you qualify, contact the Fund Administrator (Epiq) through the Fair Fund website. OpenClassActions.com is a consumer news site and is not the Fund Administrator, the SEC, or a law firm, and we do not process or decide claims.

For more class actions keep scrolling below.
Stoner Cats Fair Fund Snapshot
Status Open — Claims Open Now (SEC Fair Fund)
Total Fund $1,000,000 civil penalty (plus accrued interest)
Settlement Payment Pro rata cash distribution from the Fair Fund based on each claimant's recognized loss
Minimum Payment $20
Pro Rata Reduction If total approved losses exceed the fund, every payment is reduced proportionally
Claim Deadline Friday, May 23, 2026 (online by 11:59 p.m. or postmarked by mail)
Eligibility Window Original public offering on July 27, 2021 only (secondary-market buyers do not qualify)
NFTs Sold in Offering 10,320 NFTs at 0.35 ETH each (~$800 USD per NFT at the time)
Total Raised in Offering Approximately $8.2 million
Royalty Structure 2.5% royalty paid to Stoner Cats 2 on each secondary market sale
Proof Required Yes — wallet records, blockchain transaction hash, or exchange records for the original mint
Excluded Persons Officers, directors, and employees of Stoner Cats 2, LLC; persons subject to U.S. sanctions
SEC Order Securities Act Release No. 33-11233 (Sept. 13, 2023)
Administrative Proceeding File No. 3-21655 (In the Matter of Stoner Cats 2, LLC)
Respondent Stoner Cats 2, LLC
Violation Sections 5(a) and 5(c) of the Securities Act of 1933 (unregistered offer and sale of securities)
Statutory Basis Section 308(a) of the Sarbanes-Oxley Act of 2002 (Fair Fund authority)
Fund Administrator Epiq Class Action & Claims Solutions, Inc.
Fund Administrator Appointed March 28, 2025
Enforcement Agency U.S. Securities and Exchange Commission (SEC)
Class Action? No — SEC Fair Fund (no class certification, no opt-out, no release)
Category SEC Enforcement / NFT / Crypto Securities / Fair Fund
Official Website Stoner Cats Fair Fund