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...
The SEC, which has for years occupied a intimidating presence over the cryptocurrency landscape, appears to be…easing up? When the courts gave their ruling OpenSea, a company whose name has become shorthand both for the NFT craze (and crash) that ensued, even exhaled. We’ve watched as joke cases have been...
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...
OpenSea CEO Devin Finzer's recent comments about the SEC's "unfair targeting" of crypto firms under Gary Gensler struck a chord. It wasn’t only about OpenSea. It was about the chilling effect that regulatory overreach had on the entire industry. We’re talking about personal harm, and it’s so important to know...
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...