OpenSea Next on US SEC’s Target List: Here’s How they Reacted

On August 28, OpenSea, the largest NFT marketplace, launched a $5 million legal defense fund. This follows the receipt of a Wells notice from the US Securities Exchange Commission (SEC). The SEC believes that some of the NFTs listed on its platform may be securities. OpenSea wants to offer its community of artists and developers protection […] source: https://www.thecoinrepublic.com/2024/08/29/opensea-next-on-us-secs-target-list-heres-how-they-reacted/