OpenSea CEO Devin Finzer announced that the firm received a Wells Notice from the US Securities and Exchange Commission (SEC) because the regulator considers the NFTs on its platform securities. In an Aug. 28 statement on X, Finzer expressed surprise at the SEC’s broad action against creators and artists. He stated: “We’re shocked the SEC […]
The post OpenSea CEO vows to fight SEC’s NFT crackdown with $5 million defense fund appeared first on CryptoSlate.
Originally appeared here:
OpenSea CEO vows to fight SEC’s NFT crackdown with $5 million defense fund