Golden Finance reported that OpenSea received a notice from the U.S. SEC Wells last month. Although the regulator had previously taken enforcement actions against NFT projects, the disclosure against OpenSea indicated that the U.S. SEC had begun to review entities that provide trading platforms for NFTs, not just the entities that initially provided these platforms. Magic Eden has not yet become a target of the SEC, but its CEO Lu admitted that the lawsuit against OpenSea could have a broad impact on the cryptocurrency field, which is relatively untouched by regulators compared to exchanges or cryptocurrency issuers. "Unclear regulation is basically inevitable." Lu said, "If this incident can make this field clearer, I welcome it."