OpenSea Suspends Trading of Sands Vegas Casino Club NFTs
04/22 10:20
According to Coindesk, NFT marketplace OpenSea has suspended the trading of "Gambling Apes" NFTs from the Sands Vegas Casino Club after regulators in Texas and Alabama ordered trading to halt as they were categorized as unregistered securities. Sand Vegas Casino Club said that holders of the Gambling Apes NFTs can participate in profit-sharing from the proceeds of the casinos. In an update on its discord, BlackyJefferson21, a community lead for the project, said that the team is working with lawyers and has reached out to Texas and Alabama in "good faith" to discuss the next steps.
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