OpenSea Gets SEC 'Wells Notice' - Industry Reaction
Briefly

Tyler Winklevoss highlighted, \"The SEC's action against OpenSea represents a broader attack on innovation and entrepreneurship in the crypto space, stifling the future potential of the industry.\"
Jake Chervinsky stated, \"NFTs are a modern asset class that should not be judged by outdated laws from the 1930s, which do not fit the technology or the market landscape today.\"
Roham Gharegozlou emphasized, \"The SEC's heavy-handed approach risks pushing legitimate projects abroad, undermining the US's leadership in tech and innovation across emerging markets.\"
Jameson Lopp remarked, \"If protecting investors is the goal, the SEC is significantly behind, considering the rampant scams and low-quality projects that have existed for years without intervention.\"
Read at Coindesk
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