It Turns Out That The SEC Is Secretly Investigating NFT-Focused Altcoin! - Coin Newsletter

Emerging documents reveal that the SEC is secretly investigating Dapper Labs, which issued FLOW last year.

According to a report shared by Fortune, the U.S. Securities and Exchange Commission (SEC) is secretly investigating Dapper Labs.

The filing, which the SEC calls its closing report, did not specify why or when the investigation was conducted, but noted that the entire process ended in September last year.

A spokesperson for Dapper Labs stated that the SEC has never contacted them about such an investigation and is unaware of:

SEC never contacted us, and as a result, we were unaware of this investigation. Regardless, it appears that the SEC has closed its case.

Dapper Labs, which came to the fore by issuing FLOW and NBA Top Shot NFTs, managed to be at the center of attention of many investors, especially in the last bull market.

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