OpenSea Receives Wells Notice from SEC for Alleged Violation of Securities Laws
OpenSea, the leading NFT platform, has received a Wells Notice from the Securities Exchange Commission warning of a potential lawsuit for violating securities laws. This is the latest in a series of similar actions taken by the SEC, and the crypto industry has reacted strongly and uniformly. Tyler Winklevoss, founder of Winklevoss Capital Management and the Gemini exchange, is among those who have commented on the situation.
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