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Recent OpenSea Scandal Proves That Having NFT Regulation Is a Must By CoinQuora

by Mike Robinson

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Recent OpenSea Scandal Proves That Having NFT Regulation Is a Must
  • With the recent scandal at OpenSea, some believe that having fixed regulations on NFT could foster a safe trading environment.
  • However, crypto purists don’t find this idea acceptable at all

Now that there is solid proof that the NFT industry could also fall into a scandal, more people believe that NFT management is a must.

Specifically, this scandal talks about the recent incident at OpenSea — a peer-to-peer NFT and crypto collectables marketplace. Last Wednesday, September 15th, the Twitter (NYSE:) community feasted on one account’s tweet, called @ZuwuTV. Here, he alleged that one of OpenSea’s Head of Product, Nate Chainstain, fell into insider trading.

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