@noseks
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.
Cryptocurrencies have long been in the crosshairs of the SEC, and companies like
@coinbase
,
@Uniswap
,
@RobinhoodApp
,
@krakenfx
, and
@Consensys
have been fighting against the SEC's single-track approach of "regulation by enforcement."