“OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities,” OpenSea co-founder and CEO Devin Finzer said. A Wells notice is a formal declaration that SEC staff intend to recommend an enforcement action.
Related Posts
eToro to Shut Down Nearly All Crypto Trading in Settlement With US SEC
eToro will stop offering nearly all cryptocurrencies to its customers as part of a settlement with the US Securities and Exchange Commission. In a statement, […]
Life on Mars? Studies Suggest Bacteria-Like Organisms Could Exist
- staff
- March 14, 2025
- 0
New findings indicate that Mars’ past conditions may have supported microbial life. Research draws parallels with extremophiles—microorganisms that thrive in extreme environments on Earth. Studies […]
James Webb Telescope Uncovers First Possible Brown Dwarfs Beyond Milky Way
The James Webb Space Telescope has possibly identified brown dwarfs beyond the Milky Way for the first time, offering new insights into how stars formed […]