The world of crypto is ever-changing. To get a competitive edge, you need to understand the tech and the law that underpins it. In recent months there’s been a dramatic change in the tone of the Securities and Exchange Commission (SEC) with respect to regulating crypto. This change has large...
OpenSea, a leading NFT marketplace, received a Wells notice from the Securities and Exchange Commission (SEC) in 2024, signaling a potential enforcement action. This announcement came at a time of dramatic changes in the regulatory environment, driven both by political will and economic pressure. The SEC’s approach to crypto regulation...
Similarly, OpenSea CEO Devin Finzer’s reaction to the SEC “unfairly targeting” crypto companies for enforcement under the Biden administration hits a raw nerve. The implications of this story extend well beyond OpenSea. It showcases the cascading effect which has shaped the robust digital economies across Africa, extending coasts far outside...
The world of Non-Fungible Tokens (NFTs) has been on quite a ride, from meteoric rise to growing regulatory and legal concern. Even OpenSea, the largest NFT marketplace, recently drew the ire of the Securities and Exchange Commission (SEC). This opened the floodgates to a passionate discussion on whether and how...
OpenSea CEO Devin Finzer says the company was singled out inappropriately by the Securities and Exchange Commission (SEC). He credits the Biden administration with creating the right environment for this kind of scrutiny. Such a claim comes on the heels of stinging litigation defeats suffered by OpenSea, the world’s largest...