Cryptocurrency News

OpenSea ‘insider trading’ could see NFTs labeled securities: Former SEC lawyer

06/03/2022

Less than a minute

2022.06.03 04:31

OpenSea ‘insider trading’ could see NFTs labeled securities: Former SEC lawyer

Former Securities and Exchange Commission lawyer Alma Angotti says this week’s news about an OpenSea employee being charged with insider trading could open the doors to non-fungible tokens being labeled as securities.

On Wednesday, in a first for the industry, prosecutors in Manhattan charged former OpenSea product manager Nathaniel Chastain with insider trading.

06/03/2022

Less than a minute

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