🔥Red alert for OpenSea! The SEC could take legal action against the popular NFT marketplace
Through an extensive official statement on the X platform, the CEO and founder of the
#OpenSea marketplace, Devin Finzer, announced that he has received a "wells notice" from the United States Securities and Exchange Commission (
#SEC ), because the
#NFTS on the platform would be considered as securities? .
According to Finzer "By targeting NFTs, the SEC would stifle innovation on an even larger scale: hundreds of thousands of artists and creatives online are at risk, and many do not have the resources to defend themselves."
In addition, the statement also emphasizes that this type of event is not only harming Opensea as such, but also artists, developers and collectors.
Following this fact, many showed their support for the marketplace for the "hasty" action of the SEC.
Just at the time when NFTs were going through a bad time due to low volume and low
#precios of several collections, today the SEC comes to surprise everyone.
What a new question arises here
Are NFTs really securities as the SEC says? And if so, what is the evidence that NFTs are securities? More details are expected from the SEC.
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