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Ex-OpenSea Executive Files to Dismiss DOJ Case Alleging NFT Insider Trading

Nathaniel Chastain's motion says NFTs cannot be classified as securities or commodities, a requirement for wire fraud charges.

Former OpenSea exec Nate Chastain has filed a motion to dismiss the DOJ indictment. (OpenSea, modified by CoinDesk)
Former OpenSea exec Nate Chastain has filed a motion to dismiss the DOJ indictment. (OpenSea, modified by CoinDesk)