This morning, OpenSea said it had received a Wells Notice from the Securities Exchange Commission warning the agency was about to sue the leading NFT platform for violation of securities laws. The threatened action is the latest in a long line of similar moves from the SEC, and the reaction from the crypto industry has been fierce and near-uniform. Here is a small, representative sample.
Related posts
-
Quidax Becomes Nigeria’s First SEC Licensed Crypto Exchange
PRESS RELEASE. Lagos, Nigeria, 29th August 2024 – On Thursday, African-founded cryptocurrency exchange, Quidax announced that... -
Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs
A report presented to the Paraguayan Congress highlights the low level of employment associated with the... -
U.S. House Committee Plans for Heap of Crypto, SEC Hearings in September
The congressional panel, which has oversight over U.S. securities and most financial products, will set a...