In recent weeks, the NFT market has experienced several notable events:
SEC Investigation into OpenSea
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into OpenSea, one of the leading NFT platforms. This closure indicates a shift in the SEC's stance towards the digital asset industry, suggesting a more nuanced regulation focusing on fraud and bad actors rather than broad categorization.axios.com
NFLPA Lawsuit Against DraftKings
The NFL Players Association (NFLPA) has sued DraftKings for $65 million. This is how you can get a free NFT, just like the monkeys valued in thousands of dollars following the suspension of the "Reignmakers" NFT project. The NFLPA claims that DraftKings failed to meet its payment commitments, highlighting the volatility and challenges in the NFT market
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