Fake news: SEC thinks NFTs are securities
OpenSea fans claim that SEC commissioners think all NFTs are securities, but like so many fake news events in crypto, it never happened.
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OpenSea fans claim that SEC commissioners think all NFTs are securities, but like so many fake news events in crypto, it never happened.
Protos has tallied the SEC’s wins and losses against over 260 crypto industry defendants in US courts since 2019.
While Do Kwon languishes in a Montenegro detention facility, the US government has had its say on his on-again, off-again extradition.
No one outside of the SEC and Uniswap has seen the Wells notice but there are only a handful of issues that the SEC could be looking into.
— Justin Sun, Legal
It's not known when Sun will appear in court and it's likely that his legal team will request another extension and subsequent delay.
In the SEC's case against Ripple, a judge has partially denied the SEC’s request for summary judgment leading some to claim a win for Ripple.
The SEC is responsible for overseeing, regulating, and enforcing compliance on US securities offerings, but following its rules can be tough.
Ripple denies that XRP qualifies as a security because sales of the token never included an investment contract. The SEC disputes this.