Btw, it’s ok to be completely pro and only Bitcoin and also think the SEC’s “regulation by enforcement” against OpenSea (claiming NFTs on their platform are unregistered securities) is a complete overstep, unlawful, and dangerous precedent continuously being set by Chair Gensler

https://www.axios.com/2024/08/28/sec-nft-opensea-lawsuit-wells-notice

Reply to this note

Please Login to reply.

Discussion

And, although almost every single other crypto is a security, NFTs really aren't. They don't pass Howie.

Yeah I’d 100% agree. This is another idiotic Gensler move. I’ll be curious to see the language in the enforcement action, though. Politically this is kind of mind-numbingly dumb for Dems.

Notice of an investigation but no charges yet. Still not a great look