🚀 Coinbase's Stand With Crypto just launched a $6M legal defense fund for NFT projects! Backed by a16z and OpenSea, the Creator Legal Defense Fund aims to shield artists from SEC's legal jabs. With heavyweights like Fenwick & West LLP on board, creatives can now face the SEC with confidence.
The SEC recently served OpenSea a Wells notice, accusing it of selling unregistered securities. NFTs, often digital collectibles, are under the spotlight.
Coinbase, a vocal crypto advocate, continues to support the industry, ranking political candidates based on their crypto stance. Stay tuned for more crypto drama! 🎨