CyberKongz
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🚨🇺🇸 CYBERKONGZ ESCAPES SEC PROBE
“Shackles Lifted” as NFT Project Announces Rebrand
🔹SEC ends investigation into CyberKongz, per firm’s April 15 post on X
🔹Project received a Wells Notice in Dec 2024 over concerns around tokens + blockchain gaming
🔹CyberKongz: “We’ve been suffering in silence for 2 years”
🔹SEC reportedly warned projects can't have an ERC-20 token alongside a game without registration
🔹Rebrand & new direction to be revealed soon
🔹SEC has recently dropped actions vs Coinbase, Kraken, Uniswap, OpenSea, Consensys under Trump
🔹SEC’s new crypto task force held its second roundtable last week
#NFTs #CyberKongz #CryptoRegulation #SEC #BlockchainGaming
$ETH
$SOL
“Shackles Lifted” as NFT Project Announces Rebrand
🔹SEC ends investigation into CyberKongz, per firm’s April 15 post on X
🔹Project received a Wells Notice in Dec 2024 over concerns around tokens + blockchain gaming
🔹CyberKongz: “We’ve been suffering in silence for 2 years”
🔹SEC reportedly warned projects can't have an ERC-20 token alongside a game without registration
🔹Rebrand & new direction to be revealed soon
🔹SEC has recently dropped actions vs Coinbase, Kraken, Uniswap, OpenSea, Consensys under Trump
🔹SEC’s new crypto task force held its second roundtable last week
#NFTs #CyberKongz #CryptoRegulation #SEC #BlockchainGaming
$ETH
$SOL
🚨 MAN PLEADS GUILTY IN $13M CRYPTOPUNKS TAX FRAUD
🔹A man has admitted to filing false tax returns connected to $13 million in CryptoPunks NFT sales.
🔹He underreported earnings to the IRS while profiting from the booming NFT market.
🔹This case highlights growing tax scrutiny around crypto and NFT transactions.
-Decrypt$ETH
🔹A man has admitted to filing false tax returns connected to $13 million in CryptoPunks NFT sales.
🔹He underreported earnings to the IRS while profiting from the booming NFT market.
🔹This case highlights growing tax scrutiny around crypto and NFT transactions.
-Decrypt$ETH
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Web3 Game Project CyberKongz 'scores big': SEC officially closes the investigation!
After more than two years of tension facing the top financial regulator in the United States, the famous game and NFT project on Ethereum – CyberKongz has officially announced that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation without taking any enforcement action. This is a significant turning point, not only for CyberKongz but also has positive implications for the entire Web3 Gaming industry.
Removing the 'legal shadow': CyberKongz officially cleared.
Removing the 'legal shadow': CyberKongz officially cleared.
THE SEC STRIKES AGAIN🚨🚨🚨
The SEC just released a wells notice Today, Amazing NFT project, CyberKongz. The SEC claims that they have violated several security codes of conduct, Specifically, in relation to The sale of Genesis contract for Kongz NFT in April 2021. Isn’t it odd how they’ve been able to bring up a case that was three years ago?
The defendant being CyberKongz explained the sale was nothing but a contract migration and was disappointed in the SEC for not understanding simple terms in policy-making.
CyberKongz claim that such allegations Is an attempt from the Biden Administration to set the industry back into ruins or poor, developmental foundations.
We are yet to hear from the council make sure you comment your thoughts and Follow me for the latest updates.
#SECCryptoRule #CyberKongz #GenZCryptoVoice #DanielSackey
The SEC just released a wells notice Today, Amazing NFT project, CyberKongz. The SEC claims that they have violated several security codes of conduct, Specifically, in relation to The sale of Genesis contract for Kongz NFT in April 2021. Isn’t it odd how they’ve been able to bring up a case that was three years ago?
The defendant being CyberKongz explained the sale was nothing but a contract migration and was disappointed in the SEC for not understanding simple terms in policy-making.
CyberKongz claim that such allegations Is an attempt from the Biden Administration to set the industry back into ruins or poor, developmental foundations.
We are yet to hear from the council make sure you comment your thoughts and Follow me for the latest updates.
#SECCryptoRule #CyberKongz #GenZCryptoVoice #DanielSackey
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