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OpenSea receives Wells notice from SEC, regulator says NFTs are securities

CNBC
Summary
Nutrition label

77% Informative

OpenSea is a popular platform that allows users to create, sell and buy NFTs.

The SEC issued a Wells notice against OpenSea on Wednesday .

A Wells notice is typically one of the final steps before the SEC issues formal charges.

So far this year , the SEC has sent Wells notices, filed lawsuits or reached settlements with a host of crypto firms.

VR Score

76

Informative language

73

Neutral language

68

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

2

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