According to DB, the CEO of OpenSea has revealed that the company has received a Wells notice from the Securities Exchange Commission (SEC). This usually indicates that the SEC may take enforcement action against the company for undisclosed reasons.
It is reported that the "Wells Notice" is an informal reminder issued by the SEC before civil litigation against US-listed companies. Companies who receive the notice can communicate and negotiate with the SEC before receiving a formal lawsuit.
OpenSea Receives a Wells Notice from the SEC
2024-08-28 13:54:37
DB report opensea chief executive officer revealed the company receiveddesk3cryptocurrencydesktopCrypto News
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