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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...
Retail giant Amazon plans new NFT initiatives: report
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1 February, 2023

Retail giant Amazon plans new NFT initiatives: report

Amazon is in talks with blockchain companies to partner for the NFT offering, with likely partners from blockchain gaming firms,...
Ex-OpenSea manager charged with insider trading goes after former employer and FBI
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7 October, 2022

Ex-OpenSea manager charged with insider trading goes after former employer and FBI

Nathaniel Chastain, who faces charges in connection with alleged front-running OpenSea users, says NFTs aren’t commodities or securities so he...
Elliptic: $100M in NFTs stolen via scams in the past year
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31 August, 2022

Elliptic: $100M in NFTs stolen via scams in the past year

Elliptic’s research found that an NFT scam netted the scammers $300,000 on average over the past year, with Bored Apes...
OpenSea now requires police reports in NFT theft cases—but is it enough?
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17 August, 2022

OpenSea now requires police reports in NFT theft cases—but is it enough?

OpenSea has announced policy changes to combat the theft of NFTs, and while this is an excellent first step, the...
NFT marketplace OpenSea lays off 20% of staff cites bear market
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19 July, 2022

NFT marketplace OpenSea lays off 20% of staff cites bear market

Devin Finzer attributed the decision to the "crypto winter and broad macroeconomic instability," stating that they need to prepare the...
NFT marketplace OpenSea hit by data breach
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1 July, 2022

NFT marketplace OpenSea hit by data breach

An employee of Customer.io misused their employee access to download and share the email addresses of their users with an...