OpenSea Faces Potential Court Battle Against SEC’s NFT Classification

OpenSea, the leading NFT marketplace, has been thrust into controversy following the SEC’s issuance of a Wells Notice, signaling potential regulatory action against the platform. The SEC alleges that certain NFTs might be classified as “securities,” a move that has sparked widespread concern among crypto enthusiasts and industry leaders about what they see as “regulation … Continue reading "OpenSea Faces Potential Court Battle Against SEC’s NFT Classification" The post OpenSea Faces Potential Court Battle Against SEC’s NFT Classification appeared first on Cryptoknowmics-Crypto News and Media Platform .