Hard to argue NFTs aren’t securities if someone is doing jail time for insider trading of them. Selling NFTs based on insider info and pump & dumps was fairly normal during the crypto boom.
I’ve actually been surprised no one’s gone after major VC firms given everyone from Sotheby’s to Paris Hilton has been sued. I doubt they’re as culpable as a bunch of obvious but unnamed VC firms.
https://www.coindesk.com/policy/2023/08/22/ex-opensea-executive-nate-chastain-gets-3-months-in-prison-for-insider-trading/
Dare Obasanjo /
npub1l4…exuhy
2023-08-23 04:26:36
Author Public Key
npub1l4l93jaluhcmp24qqhsnz0wv4ld4lnyv5h09k2p7cssrjn5zwflscexuhyPublished at
2023-08-23 04:26:36Event JSON
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