SEC Issues Wells Notice to Opensea, Alleging NFTs on the Marketplace Are Securities

The U.S. Securities and Exchange Commission (SEC) has issued a Wells announcement to Opensea, signaling imaginable enforcement enactment against the NFT marketplace. Opensea’s CEO criticized the SEC’s move, claiming it could negatively interaction innovation and creators’ livelihoods. The level is prepared to contention the enactment and has committed $5 cardinal to enactment NFT creators facing […]