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SEC Escalates Web3 Crackdown: CyberKongz Vows Legal Defense Against Wells Notice
The digital asset landscape faces yet another regulatory flashpoint as the U.S. Securities and Exchange Commission (SEC) has formally signaled its intent to pursue enforcement action against CyberKongz, a prominent project at the intersection of non-fungible tokens (NFTs) and blockchain gaming. By issuing a Wells notice to the team behind CyberKongz, the SEC has effectively […]
