Nonfungible token marketplace OpenSea said it has received a Wells Notice from the US Securities and Exchange Commission, indicating the regulator’s intention to sue the company.
The agency alleged the tokens on its platform are unregistered securities, OpenSea Chief Executive Officer Devin Finzer said in a post on X on Wednesday. The SEC does not comment on the existence or nonexistence of a possible investigation, an agency spokesperson said.
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Emily Nicolle
https://www.bloomberg.com/news/articles/2024-08-28/nft-marketplace-opensea-says-sec-gave-warning-of-enforcement-action?srnd\u003dphx-crypto
2024-08-28 14:46:34
