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OpenSea submitted a complaint letter to the SEC, opposing the classification of NFT platforms as exchanges.
According to Gate.io News bot, Decrypt reported that the NFT trading platform OpenSea submitted a complaint letter to the SEC. The letter clearly states that NFT platforms should not be classified as exchanges or brokers.
The letter is jointly signed by Adele Faure, Chief Legal Officer of OpenSea, and Laura Brookover, Deputy General Counsel. OpenSea points out in the letter that the platform does not participate in trade matching, does not provide investment advice to users, and is not responsible for the custody of user assets.
It is worth noting that the SEC concluded its investigation into OpenSea in February of this year.