SEC to go After NFT Projects Next? CyberKongz Receives Wells Notice
The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to CyberKongz, signaling potential enforcement action. CyberKongz, a prominent NFT project, shared its response in a post on X, criticizing the SEC’s approach toward NFT and blockchain gaming regulations. The project highlighted that it would continue to fight for better rules affecting Web3…