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Tag: OpenSea

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OpenSea CEO Fights SEC, Pledges $5 Million to Support Creators Facing Similar Notices

In Brief The SEC issued a Wells notice to OpenSea, potentially classifying NFTs as securities. OpenSea CEO pledges $5 million to support NFT creators receiving similar notices. The SEC’s legal action against OpenSea raises concerns about broader NFT regulation. On August 28, Devin Finzer, the co-founder and CEO of OpenSea, revealed that the US Securities and…
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