Ripple CLO Reveals Why US SEC Likely To Lose If It Sues OpenSea

A recent social media post by Ripple CLO Stuart Alderoty, targeting the US SEC, has fueled discussions in the crypto community. Alderoty suggests that the U.S. Securities and Exchange Commission (SEC) might face another legal defeat if it moves forward with a lawsuit against OpenSea, treating NFTs as securities. This comes just after a day the agency issued a Wells Notice to OpenSea, sparking backlash and debate over regulatory overreach towards digital assets.