Horreva
@horreva
OpenSea has been given a Wells Notice by the SEC because the agency believes that NFTs on OpenSea are securities. The CEO Devin Finzer argued that the SEC targeting NFTs would stifle innovation and hurt hundreds of thousands of digital creators who have made and sold NFTs. Finzer added the company is pledging $5m to help cover legal fees for NFT creators and developers who receive a Wells Notice.
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