OpenSea users claim NFTs are securities in proposed class suit
A pair of OpenSea users claim the NFTs they bought on the platform “are worthless” because they the tokens are unregistered securities.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A pair of OpenSea users claim the NFTs they bought on the platform “are worthless” because they the tokens are unregistered securities.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Securitize Rolls Out 1:1-Backed Tokens of Apple, Nvidia and 10 Other U.S. Stocks on Solana
Securitize launched Securitize Stocks on Thursday, a line of tokenized U.S. equities for eligible investors in the U.S., the Europ...
Coinbase puts WHUF-USD trading pair into limit-only mode
Coinbase's limit-only mode for WHUF-USD aims to stabilize initial trading, impacting liquidity and price discovery in decentralize...
EU crypto platforms given 3 months to remove unauthorized stablecoins
The ESMA's directive may reshape EU crypto markets by limiting non-compliant stablecoins, potentially altering global regulatory t...
UK sanctions crypto platforms suspected of supporting Russian financial networks
The UK sanctioned Cryptomus, Heleket and TokenSpot in a Russia sanctions package, with TRM Labs identifying links to Grinex and Ga...
Gate Partners with Visa to Launch Crypto-linked Card Across 40+ Countries and Territories
Gate has announced a collaboration with Visa to launch a crypto-linked card, further expanding the use of digital assets in everyd...
Metaplanet Sold 10,000 Bitcoin, Then Bought 11,000 Back. Here’s Why
TL;DR: Metaplanet disclosed that it sold 10,000 BTC during the third quarter for roughly $790 million before buying 11,000 BTC for...