Last week, NFT marketplace OpenSea revealed it anticipates a lawsuit from the U.S. Securities and Exchange Commission (SEC), sparking widespread concern in the crypto industry. The SEC’s potential action could affect several NFT projects, especially those marketed with promises of investment returns or long-term value. Experts believe the SEC may follow a similar approach as with previous crypto enforcement, initially targeting projects with the most egregious cases. However, not all NFT projects are likely to face immediate legal action. The outcome of the case could set a significant precedent for the NFT industry.
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U.S. SEC Targets NFT Market as OpenSea Faces Legal Scrutiny
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2024-09-12 07:49
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2024-09-12 07:55
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2024-09-12 07:54
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