Crypto Blog
The US Securities and Exchange Commission has made it its mission to target various cryptocurrency platforms, albeit with questionable success so far.
“We’re shocked the SEC would make such a sweeping move against creators and artists. But we’re ready to stand up and fight. By targeting NFTs, the SEC would stifle innovation on an even broader scale: hundreds of thousands of online artists and creatives are at risk, and many do not have the resources to defend themselves.”
Finzer outlined a few artists that had filed lawsuits against the agency, which, according to him, “describes their fear that the sale of their art and music could be deemed unregistered securities offerings.”
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