US SEC Threatens to Sue NFT Marketplace OpenSea, CEO Devin Finzer Says
"OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities," OpenSea co-founder and CEO Devin Finzer said. A Wells notice is a formal declaration that SEC staff intend to recommend an enforcement action.
"OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities," OpenSea co-founder and CEO Devin Finzer said. A Wells notice is a formal declaration that SEC staff intend to recommend an enforcement action.
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Subhashree
Hi, This is Subhi.
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