Devin Finzer pfp
Devin Finzer
@dfinzer
OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities. We're shocked the SEC would make such a sweeping move against creators and artists. But we're ready to stand up and fight. This is a move into uncharted territory. By targeting NFTs, the SEC would stifle innovation on an even broader scale: hundreds of thousands of online artists and creatives are at risk, and many do not have the resources to defend themselves. In addition to standing our own ground, we're pledging $5M to help cover legal fees for NFT creators and devs that receive a Wells notice. Every creator, big or small, should be able to innovate without fear. I hope the SEC will come to its senses sooner rather than later, and that they'll listen with an open mind. Until then, we'll stand up and fight for our industry. Onwards 🌊⛵️
81 replies
202 recasts
809 reactions
Jithin Raj pfp
Jithin Raj
@jithinraj
Bold move, we stand with crypto.👏
0 reply
0 recast
15 reactions
Noah Bragg 🔥 pfp
Noah Bragg 🔥
@nbragg
We stand with you!
0 reply
0 recast
6 reactions
czar pfp
czar
@czar
Does the notice apply broadly to all NFTs on opensea or just some?
0 reply
0 recast
0 reaction
Corbin Page pfp
Corbin Page
@corbin.eth
Thanks for fighting this fight. Builders stand with you. 10000 $DEGEN
0 reply
0 recast
0 reaction
Greg Lang pfp
Greg Lang
@designheretic
Can’t wait to see you guys win—something much easier to envision in a post-Chevron universe
0 reply
0 recast
0 reaction
Erik pfp
Erik
@eriks
ridiculous, standing with u guys ✊
0 reply
9 recasts
62 reactions
jp 🎩 pfp
jp 🎩
@jpfraneto.eth
can you explain what pledging means in this context?
0 reply
0 recast
10 reactions
Drip pfp
Drip
@mac-drip
im going to save opensea with my Monday mint don't worry dog
0 reply
0 recast
3 reactions
NodestarQ🎩🪨 pfp
NodestarQ🎩🪨
@pudgypenguin
https://x.com/adamscochran/status/1828831637439967620 could potentially be helpfull for the whole nft space
0 reply
0 recast
1 reaction
Kenji pfp
Kenji
@kenjiquest
SEC coming to their senses? Nuh-uh... they are unhinged my fren. But I stand with you guys and wish for the best outcome.
0 reply
0 recast
1 reaction
Josh pfp
Josh
@nftbroo
And now the SEC have dropped the investigation!
0 reply
0 recast
0 reaction
Cryptokelly53 pfp
Cryptokelly53
@cryptokelly53
Most likely it’s just a political election cycle move in opposition to the other side.
0 reply
0 recast
0 reaction
Kamil pfp
Kamil
@parcioch7
Clowna
0 reply
0 recast
0 reaction
V pfp
V
@cryptomemologue
That’s right! If they want to have a power, they should legalise crypto and nfts first!
0 reply
0 recast
0 reaction
Dream Sofie pfp
Dream Sofie
@jfi
We are at your side
0 reply
0 recast
0 reaction
bevis1239 pfp
bevis1239
@bevis1239
thats sound good
0 reply
0 recast
0 reaction
There51 pfp
There51
@tttelsa
Fight!!
0 reply
0 recast
0 reaction
Hoang Long pfp
Hoang Long
@vipair4633
wow
0 reply
0 recast
0 reaction
Cooldude pfp
Cooldude
@cooldude123
Just wait for sometime into Trump is in office. These guys will be replaced.
0 reply
0 recast
0 reaction