OpenSea – The Shib Daily

OpenSea Users File Suit, Say NFTs Sold Were ‘Worthless and Unlawful’

September 23, 2024

Two users of the prominent NFT marketplace OpenSea, Anthony Shnayderman and Itai Bronshtein, have filed a class-action lawsuit, accusing the platform of selling unregistered securities. The lawsuit, initiated on September 19 in Florida, claims that NFTs purchased through OpenSea, including those from the Bored

Blockchain·Community·Defi·Ethereum·Markets·NFTs·Policy·Regulation

OpenSea Faces SEC Crackdown: NFT Marketplace Accused of Selling Securities

August 28, 2024

The NFT market has been thrown into turmoil as the Securities and Exchange Commission (SEC) issued a Wells Notice to OpenSea, threatening legal action against the platform. The SEC alleges that NFTs sold on OpenSea are securities, a move that could have far-reaching consequences for the burgeoning NFT ecosystem. OpenSea CEO and co-founder Devin Finzer