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Does the SEC Really Have Jurisdiction Over NFT Art? Two Artists Sue SEC to Get an Answer

1 year ago
in Bitcoin
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The specter of potential enforcement actions in opposition to NFT initiatives has “unleashed a chilling impact over NFT artists throughout the [U.S.],” in accordance with the grievance. The plaintiffs within the case, conceptual artist and legislation professor Brian Frye, and musical artist Jonathan Mann, also referred to as “Tune a Day Mann,” are every holding again a ready-to-go NFT undertaking till a court docket grants them safety from the “credible menace” of a future investigation or litigation by the SEC, which their attorneys declare can be which might be “economically devastating to [their] creative endeavors.”



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Tags: answerArtArtistsJurisdictionNFTSECSue
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