SEC considering enforcement action against OpenSea for potential securities violations, causing uncertainty and scrutiny

From Cointelegraph
August 28, 2024 3:45 pm:

The SEC is considering enforcement action against OpenSea over potential securities violations. CEO claims regulators view NFTs on the platform as securities. Uncertainty looms over the popular NFT marketplace as it faces scrutiny. OpenSea users and investors await further developments from the SEC. Regulatory concerns could impact the future of NFT trading on the platform.

Read more at Cointelegraph: Crypto advocates criticize SEC notice to OpenSea