SEC Issues Wells Notice to Opensea, Alleging NFTs on the Marketplace Are Securities
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The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to Opensea, signaling potential enforcement action against the NFT marketplace. Openseas CEO criticized the SECs move, claiming it could negatively impact innovation and creators livelihoods. The platform is prepared to contest the action and has committed $5 million to support NFT creators facing []
Text source: BuyUcoin Blog
