This morning, OpenSea said it had received a Wells Notice from the Securities Exchange Commission warning the agency was about to sue the leading NFT platform for violation of securities laws. The threatened action is the latest in a long line of similar moves from the SEC, and the reaction from the crypto industry has been fierce and near-uniform. Here is a small, representative sample.
Source: https://www.coindesk.com/opinion/2024/08/28/opensea-gets-sec-wells-notice-industry-reaction/?utm_medium=referral&utm_source=rss&utm_campaign=headlines