SEC Hits Blockchain Gaming Project with Wells Notice
By EsqSocial Corporation 24/12/24
The U.S. Securities and Exchange Commission (SEC) has taken a significant step in its regulatory scrutiny of blockchain gaming projects by issuing a Wells notice to CyberKongz, a prominent NFT gaming platform. This development underscores growing tensions between blockchain innovators and federal regulators over the intersection of NFTs, utility tokens, and securities laws......
By: Sheppard Mullin Richter & Hampton LLP