{"id":4320,"date":"2025-02-22T03:47:10","date_gmt":"2025-02-22T03:47:10","guid":{"rendered":"https:\/\/usatrustedlawyers.com\/blog\/opensea-says-sec-has-ceased-enforcement-action-into-nft-exchange\/"},"modified":"2025-02-22T03:47:10","modified_gmt":"2025-02-22T03:47:10","slug":"opensea-says-sec-has-ceased-enforcement-action-into-nft-exchange","status":"publish","type":"post","link":"https:\/\/usatrustedlawyers.com\/blog\/opensea-says-sec-has-ceased-enforcement-action-into-nft-exchange\/","title":{"rendered":"OpenSea Says SEC Has Ceased Enforcement Action Into NFT Exchange"},"content":{"rendered":"\n<div data-v-e97bc92c=\"\">\n<div data-v-e97bc92c=\"\">\n<p>OpenSea announced on Friday evening that the U.S. Securities and Exchange Commission informed the nonfungible-token marketplace exchange, that it has ceased its investigation and does not intend to recommend an enforcement action over the alleged unregistered sale of securities.<\/p>\n<\/div>\n<p>  <!----> <!----> <!----><\/p>\n<div data-v-e97bc92c=\"\">\n<p>\u201cThe SEC is closing its investigation into OpenSea,\u201d Devin Finzer <a href=\"https:\/\/x.com\/dfinzer\/status\/1893086281300582772\" rel=\"nofollow\">said on X<\/a>. \u201cThis 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\u2014one that misinterprets the law and slows innovation. Every creator, big or small, should be able to build freely without unnecessary barriers.\u201d<\/p>\n<\/div>\n<p> <!----> <!----> <!----> <!----><\/div>\n","protected":false},"excerpt":{"rendered":"<p>OpenSea announced on Friday evening that the U.S. Securities and Exchange Commission informed the nonfungible-token marketplace exchange, that it has ceased its investigation and does not intend to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4321,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[715,4762,1385,4763,3195,4761,762],"class_list":["post-4320","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lawyers","tag-action","tag-ceased","tag-enforcement","tag-exchange","tag-nft","tag-opensea","tag-sec"],"_links":{"self":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/4320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=4320"}],"version-history":[{"count":0,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/4320\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media\/4321"}],"wp:attachment":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=4320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=4320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=4320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}