Close Menu
CatchTheBullCatchTheBull
  • Home
  • Crypto News
  • Bitcoin
  • Altcoin
  • Blockchain
  • Airdrops News
  • NFT News
What's Hot

Bitcoin Soars Past $118,800—Breakout Or Brutal Bull Trap?

July 12, 2025

Blackrock’s IBIT Shatters ETF Records, Hits $80 Billion AUM in 374 Days

July 11, 2025

Fed Chair Jerome Powell Considers Resigning: What’s Next for Crypto?

July 11, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
CatchTheBullCatchTheBull
  • Home
  • Crypto News
  • Bitcoin
  • Altcoin
  • Blockchain
  • Airdrops News
  • NFT News
CatchTheBullCatchTheBull
Bitcoin

SEC waves white flag on OpenSea probe, CEO says ‘this is a win’

By WebDeskFebruary 22, 20253 Mins Read
SEC waves white flag on OpenSea probe, CEO says ‘this is a win’
Share
Facebook Twitter LinkedIn Pinterest Email

The U.S. Securities and Exchange Commission (SEC) is officially backing off its investigation into NFT marketplace OpenSea — yet another example of the crypto industry benefitting from loose regulations under the Trump administration.

OpenSea co-founder and CEO Devin Finzer shared the news late Friday. The announcement came on the heels of Coinbase’s announcement that the SEC was dropping its case against them.

“The SEC is closing its investigation into [Opensea]. This is a win for everyone who is creating and building in our space,” Finzer declared on X. “Trying to classify NFTs as securities would have been a step backward—one that misinterprets the law and slows innovation. Every creator, big or small, should be able to build freely without unnecessary barriers.”

The SEC is closing its investigation into @opensea. This is a win for everyone who is creating and building in our space. Trying to classify NFTs as securities would have been a step backward—one that misinterprets the law and slows innovation.

Every creator, big or small,…

— dfinzer.eth | opensea (@dfinzer) February 21, 2025

Last August, Finzer revealed that OpenSea received a Wells notice warning of potential charges related to unregistered securities. OpenSea had vowed to fight back, and now, it seems the marketplace has come out on top.

Trump’s SEC: From crackdowns to crypto love letters

If all this sounds like a pattern, that’s because it is. President Donald Trump received millions in campaign contributions from the crypto industry heading into the 2024 elections, according to Bloomberg.

Former SEC Chair Gary Gensler, a former Goldman Sachs banker turned regulatory bulldog, led the toughest crackdown the crypto industry has ever seen. Under his watch, the SEC came after everyone from industry titans like OpenSea, Coinbase and Ripple, the firm behind XRP.

Ripple and the SEC have been in a legal spat since 2020. The regulator accused Ripple Labs of selling unregistered securities, but Judge Analisa Torres ruled that XRP was not a security when sold to exchanges but determined that its institutional sales violated securities laws. She ordered Ripple to pay $125 million, significantly lower than the SEC’s initial $2 billion demand.

Both parties filed appeals, but the SEC may withdraw its case now that Trump nominated pro-crypto SEC commissioner Paul Atkins to be agency chair.

Essentially, the crypto crackdown under Gensler is now slowing down and the agency is taking a more laissez-faire approach, exemplified by the Coinbase and OpenSea announcements.

OpenSea’s SEA airdrop

Meanwhile, OpenSea isn’t just celebrating its SEC victory—it’s also throwing a party in the form of a SEA token airdrop. The OpenSea Foundation announced Thursday that it will reward active, loyal, and longtime users of its NFT marketplace and Seaport protocol with free tokens.

While details are still fuzzy on when the SEA token will actually launch, OpenSea traders are already rubbing their hands together at the thought of free digital loot. The company has also rolled out OS2, a new multi-chain trading platform.


Credit: Source link

Previous ArticlePlutoChain’s Expanding Ecosystem: How This Hybrid Layer-2 for Bitcoin Unlocks New Possibilities
Next Article Report: SEC Concludes Opensea Probe, Drops Enforcement Threat Over NFTs

Related Posts

Bitcoin Soars Past $118,800—Breakout Or Brutal Bull Trap?

July 12, 2025

Blackrock’s IBIT Shatters ETF Records, Hits $80 Billion AUM in 374 Days

July 11, 2025

Bitcoin’s breakout isn’t about the Fed, it’s about market structure: analysts

July 11, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Bitcoin Soars Past $118,800—Breakout Or Brutal Bull Trap?

July 12, 2025

Blackrock’s IBIT Shatters ETF Records, Hits $80 Billion AUM in 374 Days

July 11, 2025

Fed Chair Jerome Powell Considers Resigning: What’s Next for Crypto?

July 11, 2025

Subscribe to Updates

Get the latest Crypto, Blockchain and Airdrop News from us to Catch The Bull.

Advertisement Banner

Welcome to CatchTheBull, your trusted source for the latest Crypto News and Airdrops. We bring you real-time updates, expert insights, and opportunities to stay ahead in the crypto world. Discover trending projects, market analyses, and airdrop details all in one place.

Join us on this journey to navigate the ever-evolving blockchain universe!

Facebook X (Twitter) Instagram YouTube
Top Insights

Ethereum and XRP Just Triggered a Rare Pattern—Next Stop: All-Time Highs?

Bitrue CMO explains tokenized stock rollout and future asset plans

Why Smart Investors Trust Regulated Brokers Like Nemo

Get Informed

Subscribe to Updates

Get the latest Crypto, Blockchain and Airdrop News from us to Catch The Bull.

© 2025 CatchTheBull. All Rights Are Reserved.
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$117,750.001.36%
  • ethereumEthereum(ETH)$2,964.890.20%
  • rippleXRP(XRP)$2.829.48%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$694.690.77%
  • solanaSolana(SOL)$163.73-0.60%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2030653.31%
  • tronTRON(TRX)$0.3046083.43%
  • staked-etherLido Staked Ether(STETH)$2,964.680.24%
  • cardanoCardano(ADA)$0.736.86%
  • HyperliquidHyperliquid(HYPE)$46.295.32%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$117,454.001.25%
  • stellarStellar(XLM)$0.39403429.36%
  • Wrapped stETHWrapped stETH(WSTETH)$3,574.340.09%
  • suiSui(SUI)$3.45-0.70%
  • bitcoin-cashBitcoin Cash(BCH)$533.172.53%
  • chainlinkChainlink(LINK)$15.440.52%
  • avalanche-2Avalanche(AVAX)$20.920.37%
  • hedera-hashgraphHedera(HBAR)$0.2014582.12%
  • leo-tokenLEO Token(LEO)$9.090.72%
  • Wrapped eETHWrapped eETH(WEETH)$3,174.180.23%
  • shiba-inuShiba Inu(SHIB)$0.000013-0.97%
  • the-open-networkToncoin(TON)$3.001.00%
  • USDSUSDS(USDS)$1.000.00%
  • WETHWETH(WETH)$2,966.920.18%
  • litecoinLitecoin(LTC)$95.27-0.22%
  • whitebitWhiteBIT Coin(WBT)$46.68-0.15%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.000.00%
  • moneroMonero(XMR)$334.492.03%
  • polkadotPolkadot(DOT)$4.002.30%
  • Coinbase Wrapped BTCCoinbase Wrapped BTC(CBBTC)$117,844.001.38%
  • Ethena USDeEthena USDe(USDE)$1.000.00%
  • bitget-tokenBitget Token(BGB)$4.51-1.32%
  • uniswapUniswap(UNI)$8.753.80%
  • pepePepe(PEPE)$0.000012-0.49%
  • aaveAave(AAVE)$300.54-2.20%
  • BittensorBittensor(TAO)$400.555.90%
  • Pi NetworkPi Network(PI)$0.474420-8.37%
  • daiDai(DAI)$1.000.01%
  • crypto-com-chainCronos(CRO)$0.10990413.07%
  • aptosAptos(APT)$4.91-0.38%
  • nearNEAR Protocol(NEAR)$2.540.00%
  • Ethena Staked USDeEthena Staked USDe(SUSDE)$1.180.08%
  • okbOKB(OKB)$48.96-0.78%
  • internet-computerInternet Computer(ICP)$5.44-0.46%
  • Jito Staked SOLJito Staked SOL(JITOSOL)$198.92-0.68%
  • OndoOndo(ONDO)$0.900.35%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • ethereum-classicEthereum Classic(ETC)$18.47-0.37%
  • bitcoinBitcoin(BTC)$117,750.001.36%
  • ethereumEthereum(ETH)$2,964.890.20%
  • rippleXRP(XRP)$2.829.48%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$694.690.77%
  • solanaSolana(SOL)$163.73-0.60%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2030653.31%
  • tronTRON(TRX)$0.3046083.43%
  • staked-etherLido Staked Ether(STETH)$2,964.680.24%
  • cardanoCardano(ADA)$0.736.86%
  • HyperliquidHyperliquid(HYPE)$46.295.32%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$117,454.001.25%
  • stellarStellar(XLM)$0.39403429.36%
  • Wrapped stETHWrapped stETH(WSTETH)$3,574.340.09%
  • suiSui(SUI)$3.45-0.70%
  • bitcoin-cashBitcoin Cash(BCH)$533.172.53%
  • chainlinkChainlink(LINK)$15.440.52%
  • avalanche-2Avalanche(AVAX)$20.920.37%
  • hedera-hashgraphHedera(HBAR)$0.2014582.12%
  • leo-tokenLEO Token(LEO)$9.090.72%
  • Wrapped eETHWrapped eETH(WEETH)$3,174.180.23%
  • shiba-inuShiba Inu(SHIB)$0.000013-0.97%
  • the-open-networkToncoin(TON)$3.001.00%
  • USDSUSDS(USDS)$1.000.00%
  • WETHWETH(WETH)$2,966.920.18%
  • litecoinLitecoin(LTC)$95.27-0.22%
  • whitebitWhiteBIT Coin(WBT)$46.68-0.15%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.000.00%
  • moneroMonero(XMR)$334.492.03%
  • polkadotPolkadot(DOT)$4.002.30%
  • Coinbase Wrapped BTCCoinbase Wrapped BTC(CBBTC)$117,844.001.38%
  • Ethena USDeEthena USDe(USDE)$1.000.00%
  • bitget-tokenBitget Token(BGB)$4.51-1.32%
  • uniswapUniswap(UNI)$8.753.80%
  • pepePepe(PEPE)$0.000012-0.49%
  • aaveAave(AAVE)$300.54-2.20%
  • BittensorBittensor(TAO)$400.555.90%
  • Pi NetworkPi Network(PI)$0.474420-8.37%
  • daiDai(DAI)$1.000.01%
  • crypto-com-chainCronos(CRO)$0.10990413.07%
  • aptosAptos(APT)$4.91-0.38%
  • nearNEAR Protocol(NEAR)$2.540.00%
  • Ethena Staked USDeEthena Staked USDe(SUSDE)$1.180.08%
  • okbOKB(OKB)$48.96-0.78%
  • internet-computerInternet Computer(ICP)$5.44-0.46%
  • Jito Staked SOLJito Staked SOL(JITOSOL)$198.92-0.68%
  • OndoOndo(ONDO)$0.900.35%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • ethereum-classicEthereum Classic(ETC)$18.47-0.37%