StatusClaims OpenSEC Fair Fund (not a class action); Distribution Plan approved; Epiq accepting claims now
Claim DeadlineMay 23, 2026 — last day to fileonline by 11:59 p.m. at StonerCatsFairFund.com or postmarked by mail
Settlement PaymentPro 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 RequiredYes — transaction documentation for the original July 27, 2021 mintwallet 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.
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.
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.