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NFT project CyberKongz said it received Wells notice from the US SEC
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2024-12-17 06:03 8,240
Golden Finance reported that the NFT project CyberKongz posted on the After letting the company know, agency staff may recommend enforcement action against the company. The team said: “We have suffered in silence for the past two years since we were first contacted by the SEC. Throughout the entire process, they have demonstrated a complete lack of understanding of blockchain technology, resulting in Amid unfair accusations and inaccurate information, CyberKongz is a project rooted in the gaming space, and the SEC Enforcement Division has made very concerning statements to us that if the token (ERC-20) is not Registered as a security, it cannot be combined with blockchain gaming. This statement will have a significant impact on the entire web3 gaming industry, and we will oppose this position more broadly."
Keywords: Bitcoin
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