NFT gaming platform CyberKongz said Monday that it received a Wells notice from the SEC and has been "suffering" for the past two years after it was first approached by the regulator.

IBTimes

United States

NFT Project CyberKongz Says SEC Issued Wells Notice As Gensler Prepares For Exit

Ad Fontes Media

All Sides

Media Bias/Fact Check

IBT Media

The post ‘Major implications’ for gaming tokens as CyberKongz hit with SEC Wells notice appeared first on Daily Truth Report • DailyTruthReport.com.

Cointelegraph

‘Major implications’ for gaming tokens as CyberKongz hit with SEC Wells notice

NFT collection CyberKongz says the U.S. SEC plans to bring charges against it after being in contact with each other over the past two years.

CryptoPanic

NFT collection CyberKongz says it has received a Wells Notice from SEC

Charges against CyberKongz could present “major implications” for the blockchain gaming industry, the project said Monday.

decrypt.co

New York

SEC Serves NFT Project CyberKongz With Wells Notice Citing Securities Violations - WorldNL Magazine

CyberKongz said it was first contacted by the SEC two years ago and had been “suffering in silence” ever since.

Cryptocurrency News | Cryptocurrency Prices | Market Cap

The NFT collection CyberKongz said the Securities and Exchange Commission (SEC) will likely charge it. In a post on X on Monday, the collection said it received a Wells Notice, a letter from the SEC staff that recommends an enforcement action. It commented that the SEC is trying to pull through its...

http://coinprofitnews.com

CyberKongz Receives Wells Notice from SEC, Vows to Fight for NFT Clarity

CyberKongz received a Wells Notice from the SEC, signaling potential enforcement action. The SEC’s concern centers on the project’s combination of ERC-20 tokens with its blockchain game.  CyberKongz, a prominent NFT project, has announced that it has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), signaling potential enforcement action. The project expressed disappointment in the SEC’s stance, arguing that the reg…

TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide

CyberKongz Fights Back Against SEC Wells Notice Over Contract Migration

CyberKongz, one of the pioneering PFP NFT collections with deep ties to blockchain gaming, has publicly revealed it received a Wells Notice from the U.S. Securities and Exchange Commission (SEC). The notice signals the SEC’s intent to recommend legal action against CyberKongz, alleging that the project may have violated securities laws. Specifically, the regulator’s concerns focus on the integration of an ERC-20 token within the CyberKongz ecosy…

NFT Plazas

CyberKongz Discloses SEC Wells Notice Over Token and NFTs

Стоящая за NFT-коллекциями CyberKongz команда сообщила, что Комиссия по ценным бумагам и биржам США (SEC) может выдвинуть против нее обвинения.
CyberKongz has received a Wells Notice from the SEC.We are extremely disappointed at the approach the SEC has taken towards us, but we are going to stan...

https://mo.bi

NFT-проект CyberKongz получил от SEC уведомление Уэллса

Quick take: 
CyberKongz claims that “SEC’s lack of understanding of blockchain technologies” has resulted in “unjust accusations and information inaccuracies.” The SEC accused the project of offering an ERC-20 token in a blockchain game without registering it as a security. The company claims this approach from the SEC will have major implications for the entire blockchain gaming industry.  CyberKongz the blockchain gaming project featuring non-…

NFT Project CyberKongz Says SEC Issued Wells Notice As Gensler Prepares For Exit

Coverage Details

Give the gift of Perspective

Bias Distribution

Ownership

Similar News Topics

Similar News Topics