{"id":136402,"date":"2024-08-29T10:30:19","date_gmt":"2024-08-29T07:30:19","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136402"},"modified":"2024-08-29T01:20:42","modified_gmt":"2024-08-28T22:20:42","slug":"opensea-faces-sec-legal-threat-over-nfts-as-securities","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/opensea-faces-sec-legal-threat-over-nfts-as-securities\/","title":{"rendered":"OpenSea Faces SEC Legal Threat Over NFTs as Securities"},"content":{"rendered":"

OpenSea\u2019s CEO, Devin Finzer, expressed<\/a> <\/strong>his surprise on X, criticizing the SEC\u2019s broad actions against creators and artists and pledging to contest any legal action.<\/p>\n

While Finzer acknowledged that the SEC has previously taken similar steps in the crypto sector, targeting companies like Coinbase, Uniswap, and Kraken, he emphasized that viewing NFTs as securities is a novel and uncharted approach.<\/p>\n

Finzer warned that if the SEC were to categorize NFTs as securities, it could stifle innovation across various sectors, putting countless online artists and creators at risk\u2014many of whom lack the resources to defend themselves legally.<\/p>\n