COINDESK DAILY: OpenSea Receives 'Wells Notice' From SEC; Telegram CEO Pavel Durov Indicted on 'Complicity'
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CoinDesk
4.7 • 698 Ratings
🗓️ 29 August 2024
⏱️ 2 minutes
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Summary
Transcript
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| 0:00.0 | OpenC receives a well's notice and Telegram CEO Pavel Derov is released from police custody. |
| 0:06.8 | This is Coin Desk Daily. I'm your host, Jen Sanassi. |
| 0:15.0 | OpenC disclosed on Wednesday that the NFT marketplace received a notice from the SEC that it intends to pursue an enforcement action. |
| 0:23.3 | OpenCCE CEO Devin Finser explained on social media platform X that the SEC threatened to sue because the regulator believes that NFTs traded on the platform are securities. |
| 0:33.9 | Finzer wrote that they were shocked by the regulators, quote, sweeping move against creators and artists, |
| 0:40.2 | but promised that his company will fight the notice and pledged $5 million to help cover legal fees for any NFT creators and developers that may also get such a notice. |
| 0:51.8 | Telegram CEO Pavel de Rove is released from police custody ahead of his court appearance. |
| 0:56.8 | According to a press release published by French authorities, the Russian-born billionaire |
| 1:00.4 | is being charged with being complicit in the administration of an online platform allowing |
| 1:05.3 | illicit transactions, refusing to comply with police requests for documents or other communications |
| 1:10.8 | and ongoing investigations, |
| 1:12.5 | being complicit in the dissemination of child exploitation material and a host of other charges. |
| 1:18.3 | He's also being accused of providing encryption services without embedding controls in telegram. |
| 1:23.9 | And CEO of South Korean crypto yield firm Haru Invest, |
| 1:27.1 | Heung Su Lee was stabbed while appearing in court during his fraud trial, according to a report from Reuters. |
| 1:33.9 | Citing an official from the police station, Reuters reported that Lee was stabbed in the neck by a man in his 50s at the Seoul Southern District Court. |
| 1:41.9 | Lee was taken to hospital with injuries that were not life-threatening and the police have caught the attacker. In February 3, Haru Invest executives were |
| 1:49.2 | arrested for allegedly stealing $828 million worth of crypto from around 16,000 customers. That's |
| 1:56.0 | according to local news outlets. That's it for CoinDesk Daily. Get more updates on CoinDesk.com |
| 2:01.8 | And we'll see you next time. |
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