Tag: cyberkongz

CyberKongz SEC Saga Ends: What It Means for Web3 Gaming

CyberKongz SEC Saga Ends: What It Means for Web3 Gaming

CyberKongz, an Ethereum-based NFT and gaming project, has announced that the U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into the project. This combination of events could profoundly reshape the Web3 gaming landscape. It provides a preview of the shifting regulatory environment coming down the pike. The...

SEC Caves to Crypto? CyberKongz Case Exposes Gensler's Overreach

SEC Caves to Crypto? CyberKongz Case Exposes Gensler's Overreach

The CyberKongz saga is finally over. The SEC has now formally wrapped up its nearly two year investigation, and honestly, it’s about fucking time. This isn't just a win for one NFT project; it's a flashing neon sign screaming, "Gensler's reign of terror is finally over!"Let's be clear: this investigation...

SEC Ends Two-Year Investigation into NFT Project CyberKongz

SEC Ends Two-Year Investigation into NFT Project CyberKongz

The Securities and Exchange Commission (SEC) has ended its two-year investigation into the CyberKongz NFT project. The inquiry specifically focused on misleading claims made about the project’s BANANA token. It asked the question of whether that token ought to have been registered as a security. Today, CyberKongz posted an announcement...