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Prosecutors want to claim NFTs as securities, alleges legal team of former OpenSea employee

“The government has brought the instant prosecution using ill-founded applications of criminal law to set precedent in the digital asset space,” said Nathaniel Chastain’s lawyers.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Prosecutors want to claim NFTs as securities, alleges legal team of former OpenSea employee

“The government has brought the instant prosecution using ill-founded applications of criminal law to set precedent in the digital asset space,” said Nathaniel Chastain’s lawyers.

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This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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