SEC takes aim at NFT marketplace OpenSea

OpenSea, which calls itself the “world’s largest” nonfungible token (NFT) marketplace, received a Wells notice from the SEC, the company said in a blog post Wednesday, indicating the regulator may soon bring a lawsuit against the company. In a tweet, CEO Devin Finzer says the SEC is claiming NFTs on OpenSea’s platform are unregistered securities. […] © 2024 TechCrunch. All rights reserved. For personal use only.

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Aug 28, 2024 - 20:00
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SEC takes aim at NFT marketplace OpenSea

OpenSea, which calls itself the “world’s largest” nonfungible token (NFT) marketplace, received a Wells notice from the SEC, the company said in a blog post Wednesday, indicating the regulator may soon bring a lawsuit against the company. In a tweet, CEO Devin Finzer says the SEC is claiming NFTs on OpenSea’s platform are unregistered securities. […]

© 2024 TechCrunch. All rights reserved. For personal use only.