SEC drops investigation into NFT marketplace OpenSea
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SEC drops investigation into NFT marketplace OpenSea
Publish date
12:00am, Saturday, February 22, 2025
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Finzer said that labeling NFTs as securities would have hurt the industry and stifled innovation.
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The industry has reacted positively to the SEC closing its investigation into OpenSea, which began in August 2024 when the regulator issued a Wells notice alleging the NFT exchange had operated as a marketplace for unregistered securities.
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SEC has ended it’s investigation into OpenSea
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