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CyberKongz, one of the pioneering PFP NFT collections with deep ties to blockchain gaming, has publicly revealed it received a Wells Notice from the U.S. Securities and Exchange Commission (SEC). The notice signals the SEC’s intent to recommend legal action against CyberKongz, alleging that the project may have violated securities laws. Specifically, the regulator’s concerns focus on the integration of an ERC-20 token within the CyberKongz ecosystem and a technical event involving Genesis Kongz NFTs in 2021 /zora
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🕹️ Access Pass: Reserved
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