U.S. Congressman Wiley Nickel has publicly criticized the Securities and Exchange Commission (SEC) for what he describes as a 'blatant abuse of power' in its regulatory actions against the NFT marketplace OpenSea. The SEC recently issued a Wells Notice to OpenSea, indicating potential enforcement action. Nickel, a Democratic representative, argues that the SEC's heavy-handed approach threatens to derail progress in digital innovation and calls for clear and fair regulations for digital assets. His comments have resonated with the pro-crypto community, which views the SEC's actions as an overreach and a threat to the burgeoning Web3 ecosystem.