The co-founder of NFT platform Opensea has shared from his X account that the platform has received a Wells Notice from the SEC. He said that the SEC wants to sue the platform because according to them the NFTs are securities. He added that they are not going to risk the platform and the hundreds of thousand artists. He stated “To help ensure creators can continue innovating without fear, OpenSea is pledging $5M to cover legal fees for NFT artists and developers that receive a Wells notice.”

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed