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OpenSea, the world's largest NFT marketplace, is facing a class action lawsuit in the United States alleging that it sells unregistered securities. Two users have come forward, claiming their NFTs, including those from the Bored Ape Yacht Club, are deemed worthless as unregistered securities. The lawsuit points to a recent SEC Wells notice suggesting potential regulatory issues for OpenSea. This legal challenge strikes at the heart of the crypto industry, raising significant questions about the regulatory status of digital assets.
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Coinbase Global, Inc. (COIN) on Behalf of Investors https://t.co/RjD7LJi2Pt https://t.co/LXX3a8WzAr
SEC Reels in Fishy NFT Project https://t.co/21W07vimZ2
Todays Edition of The DeFi Defender: OpenSea Hit with Class Action Lawsuit Charging the Platform Sells Unregistered Securities OpenSea, the world's largest NFT marketplace, finds itself at the center of a class action lawsuit that strikes at the heart of the crypto industry's… https://t.co/IQVHiNaCN7
