‘Major implications’ for gaming tokens as CyberKongz hit with SEC Wells notice
CyberKongz said it was first contacted by the SEC two years ago and had been “suffering in silence”…
Browsing Tag
wells notice
41 posts
CyberKongz Receives Wells Notice from SEC, Vows to Fight for NFT Clarity
The NFT collection CyberKongz said the Securities and Exchange Commission (SEC) will likely charge it. In a post…
SEC lawsuits will ‘quietly go away’ after Gensler steps down: Pantera
The defendants will likely have to pay something along with „neither admit nor deny” type language, says Pantera’s…
Can Blockchain Gaming Withstand Regulatory Pressure? Exploring Web3’s Resilience in 2024
As blockchain technology keeps on changing different industries, gaming emerges as an especially dynamic area. Nevertheless, the speedy…
Crypto.com sees ‘strong legal footing’ in crypto rulings against SEC
Previous crypto rulings against the SEC have put Crypto.com on a “strong legal footing” in its lawsuit against…
SEC commissioners slam agency after $750K FlyFish Club NFT settlement
SEC commissioners Hester Peirce and Mark Uyeda didn’t believe any US securities laws were triggered and urged the…
OpenSea receives SEC Wells notice, monthly NFT sales fall below $400M: Nifty Newsletter
OpenSea CEO Devin Finzer said that the NFT marketplace received a Wells notice from the SEC, suggesting potential…
SEC’s Wells notice to OpenSea tags NFTs as unregistered ‘securities’
OpenSea published a blog post revealing that it had received a Wells notice from the SEC indicating that…
NFTs can be securities but SEC Wells notice to OpenSea ‘not productive’ — Lawyer
Atlas Development chief legal officer Oscar Franklin Tan stated that the Wells notice “does everything except provide us…
SEC Issues Wells Notice to Opensea, Alleging NFTs on the Marketplace Are Securities
The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to Opensea, signaling potential enforcement action…