OpeanSea, a leading NFT marketplace, seems to have drawn the attention of the US Securities and Exchanges Commission (SEC). According to a statement released by the firm’s top head, the most infamous regulator in the crypto space has sent a Wells Notice to OpenSea.
Earlier today, co-founder and CEO Devin Finzer took to X stating, “We’re shocked the SEC would make such a sweeping move against creators and artists. But we’re ready to stand up and fight.”
He further added that, “Cryptocurrencies have long been in the crosshairs of the SEC, and companies like @coinbase, @Uniswap, @RobinhoodApp, @krakenfx, and @Consensys have been fighting against the SEC’s single-track approach of “regulation by enforcement.”
The story is still developing.
