The NFT project CyberKongz received a Wells notice from the SEC, raising questions about ERC-20 tokens in games. 🤔 The team expressed disappointment but is ready to fight for clarity in NFT regulation.

The SEC believes that the contract migration in 2021 could have been a token sale. CyberKongz insists that this is not the case and demands clear rules. 🛡️ This adds them to the list of companies under SEC scrutiny.