Web3 Gaming at Risk as CyberKongz Receives SEC Wells Notice
CyberKongz shared that it plans to contest the SEC’s enforcement. Crypto exchange Binance is facing a trademark infringement lawsuit from Mark Longo over the unauthorized use of his “Peanut the Squirrel” mascot for the PNUT meme coin. Additionally, Coinbase is battling in a $1 billion lawsuit that was filed by BiT Global Digital. The exchange is…