SEC Drops OpenSea Investigation Easing Pressure on NFT Market
Article
Authors
Francisco Rodrigues
Aoyon Ashraf
Publish date
Feb 22, 2025 - 12:00am
Publisher
CoinDesk
Web URL
https://www.coindesk.com/markets/2025/02/22/sec-drops-opensea-investigation-easing-pressure-on-nft-market
Referenced by
SEC has ended it’s investigation into OpenSea
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“This is a win for everyone who is creating and building in our space. Trying to classify NFTs as securities would have been a step backward—one that misinterprets the law and slows innovation,” Finzer posted
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The decision is seen as positive for the cryptocurrency industry and NFT creators and comes shortly after the SEC moved to end its lawsuit against Coinbase.
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