CyberKongz, a prominent non-fungible token (NFT) collection, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) indicating the regulator’s intent to pursue charges against the project. In a post on X, CyberKongz revealed that the SEC’s Wells Notice raised concerns about its ERC-20 token. The regulator claimed it could not operate the ERC-20 token in conjunction...
source: https://news.shib.io/2024/12/17/cyberkongz-nft-collection-faces-sec-action-over-alleged-violations/?utm_source=rss&utm_medium=rss&utm_campaign=cyberkongz-nft-collection-faces-sec-action-over-alleged-violations