OpenSea Gets ‘Wells Notice’ From SEC, Which Calls NFTs Sold on Platform...

OpenSea Gets ‘Wells Notice’ From SEC, Which Calls NFTs Sold on Platform ‘Securities’

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Source: Coindesk.com

Non-fungible token (NFT) marketplace OpenSea received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday.

"OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities," OpenSea's CEO Devin Finzer wrote on

Read More https://www.coindesk.com/policy/2024/08/28/opensea-gets-wells-notice-from-sec-calling-nfts-sold-on-platform-securities/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "OpenSea Gets 'Wells Notice' From SEC, Which Calls NFTs Sold on Platform 'Securities'" appeared first here Coindesk.com.

Source: Coindesk.com

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