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OpenSea

SEC clampdown on NFTs was predictable, but it never had to be this way
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11 September, 2024

SEC clampdown on NFTs was predictable, but it never had to be this way

NFTs are being put in a bad light following the SEC clampdown, but these tokens aren't the problem; instead, the...
SEC’s Wells notice to OpenSea tags NFTs as unregistered ‘securities’
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30 August, 2024

SEC’s Wells notice to OpenSea tags NFTs as unregistered ‘securities’

OpenSea published a blog post revealing that it had received a Wells notice from the SEC indicating that the regulator...
NFT marketplace OpenSea lays off 50% of staff
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7 November, 2023

NFT marketplace OpenSea lays off 50% of staff

CEO Devin Finzer says the company is set to launch OpenSea 2.0, which calls for “a smaller team with a...
Ex-OpenSea manager withdraws bail application, to surrender for 3-month sentence
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11 September, 2023

Ex-OpenSea manager withdraws bail application, to surrender for 3-month sentence

Nate Chastain was convicted of money laundering and wire fraud in May for using insider information while serving as OpenSea...
OpenSea insider trading case involving digital assets leads to fraud, money laundering convictions
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5 May, 2023

OpenSea insider trading case involving digital assets leads to fraud, money laundering convictions

The prosecution said Nathaniel Chastain used anonymous accounts to commit fraud and money laundering, resulting in a first-ever conviction of...
OpenSea NFT ex-employee to undergo trial as judge rules in favor of using ‘insider trading’ term
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21 April, 2023

OpenSea NFT ex-employee to undergo trial as judge rules in favor of using ‘insider trading’ term

Apart from ruling against Nathaniel Chastain's plea to avoid using the term "insider trading" during the trial, the district court...
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