Pudgy Penguins CEO Luca Schnetzler says he's not worried about the SEC's recent actions against the NFT industry. 🚨
- On August 28, OpenSea received a notice from the SEC that some NFTs may qualify as securities.
- On September 17, the SEC fined Flyfish Club restaurant $750,000 for offering NFTs.
Schnetzler called the SEC's actions "nonsense" and noted that if they go after OpenSea, they'll have to go up against big players like Sotheby's and Nike.