SEC investigating NFT market over potential securities violations

nft sec

NFT creators and marketplaces have been targeted by the SEC for conducting illegal activity SEC ordered that BlockFi pay a record fine of $100 million NFT exchanges LooksRare and OpenSea share $10.7 billion in trading volume  The United States Securities and Exchange Commission (SEC), driven by crypto-incredulous Chairman Gary Gensler, is purportedly researching non-fungible token […]

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Source: https://www.thecoinrepublic.com/2022/03/04/sec-investigating-nft-market-over-potential-securities-violations/