Recent OpenSea Scandal Proves That Having NFT Regulation Is a Must

by Aurelia Butler 21 September 2021, 11:00 119 Views

Now that there is solid proof that the NFT industry could also fall into a scandal, more people believe that NFT management is a must.

Specifically, this scandal talks about the recent incident at OpenSea — a peer-to-peer NFT and crypto collectables marketplace. Last Wednesday, September 15th, the Twitter (NYSE:TWTR) community feasted on one account’s tweet, called @ZuwuTV. Here, he alleged that one of OpenSea’s Head of Product, Nate Chainstain, fell into insider trading.

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Recent OpenSea Scandal Proves That Having NFT Regulation Is a Must

DeFi platform Vee Finance exploited for $35M on Avalanche blockchain

Regulators not up to speed on banks' digital marketplaces, EU watchdog says

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