Devin Finzer pfp
Devin Finzer
@dfinzer
OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities. We're shocked the SEC would make such a sweeping move against creators and artists. But we're ready to stand up and fight. This is a move into uncharted territory. By targeting NFTs, the SEC would stifle innovation on an even broader scale: hundreds of thousands of online artists and creatives are at risk, and many do not have the resources to defend themselves. In addition to standing our own ground, we're pledging $5M to help cover legal fees for NFT creators and devs that receive a Wells notice. Every creator, big or small, should be able to innovate without fear. I hope the SEC will come to its senses sooner rather than later, and that they'll listen with an open mind. Until then, we'll stand up and fight for our industry. Onwards 🌊⛵️
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Noah Bragg 🔥 pfp
Noah Bragg 🔥
@nbragg
We stand with you!
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Jithin Raj pfp
Jithin Raj
@jithinraj
Bold move, we stand with crypto.👏
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czar pfp
czar
@czar
Does the notice apply broadly to all NFTs on opensea or just some?
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Corbin Page pfp
Corbin Page
@corbin.eth
Thanks for fighting this fight. Builders stand with you. 10000 $DEGEN
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Greg Lang pfp
Greg Lang
@designheretic
Can’t wait to see you guys win—something much easier to envision in a post-Chevron universe
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Erik pfp
Erik
@eriks
ridiculous, standing with u guys ✊
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Jorge Pablo Franetovic 🎩 pfp
Jorge Pablo Franetovic 🎩
@jpfraneto.eth
can you explain what pledging means in this context?
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Drip pfp
Drip
@mac-drip
im going to save opensea with my Monday mint don't worry dog
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Kenji pfp
Kenji
@kenjiquest
SEC coming to their senses? Nuh-uh... they are unhinged my fren. But I stand with you guys and wish for the best outcome.
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Cryptokelly53 pfp
Cryptokelly53
@cryptokelly53
Most likely it’s just a political election cycle move in opposition to the other side.
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V pfp
V
@cryptomemologue
That’s right! If they want to have a power, they should legalise crypto and nfts first!
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There51 pfp
There51
@tttelsa
Fight!!
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Cooldude pfp
Cooldude
@cooldude123
Just wait for sometime into Trump is in office. These guys will be replaced.
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Champ pfp
Champ
@champion1919
Clowns🤡🤡🤡
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Bornosor pfp
Bornosor
@bornosor
In the name of freedom, decentralization and the web3 ethos you keep purporting to fight and stand for, maybe lift those stupid blanket bans over literally millions of creators, artists and active productive participants in the space whom you have shamelessly purged from your platform just because of their nationality.
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Darren Cooper pfp
Darren Cooper
@deecoop157
Lets hope sec cuts this mess out....!!!! NFT CREATORS & SUPPORTERS... ASSEMBLE!!!!
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alpurrt [🔵🧀 🎩 🌈] pfp
alpurrt [🔵🧀 🎩 🌈]
@alpurrt
Now that I think of it.. what ever happened to the late 2022 probe launched by the SEC into Yuga? I mean… this is disingenuous of them to never have expounded upon that (publicly)…
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HornyCapy69 pfp
HornyCapy69
@capy100
You should launch a token now before SEC takes your website down
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David Horvath pfp
David Horvath
@davidzhorvath
if our testimony helps, it is all yours. We've minted digital fine art originals on opensea since 2021 and have collected just as many as we've sold. Same team 100%.
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