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VOICE ARCHIVE

@dfinzer

@dfinzer
20 posts
2025-02-22
The SEC is closing its investigation into @opensea. This is a win for everyone who is creating and building in our space. Trying to classify NFTs as securities would have been a step backward—one that misinterprets the law and slows innovation. Every creator, big or small,
2025-02-22 View on X
Bloomberg Tax

NFT marketplace OpenSea says the US SEC has ended an investigation into the company, after OpenSea received a Wells Notice in August 2024

Nonfungible-token marketplace OpenSea said that it was informed by the US Securities and Exchange Commission that the regulator has ended an investigation …

2024-08-28
OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities. We're shocked the SEC would make such a sweeping move against creators and artists. But we're ready to stand up and fight. Cryptocurrencies have long
2024-08-28 View on X
Blockworks

OpenSea says the US SEC sent it a Wells notice calling NFTs sold on the platform securities; CEO Devin Finzer says the company is “ready to stand up and fight”

OpenSea CEO Devin Finzer said in a post on X that the company is “ready to stand up and fight”

2023-11-04
6/9 We're building a new foundation so we can innovate faster and we'll have some experiences to share with you soon. We will change how we operate - shifting to a smaller team with a direct connection to users. So today, we're saying goodbye to a number of OpenSea teammates.
2023-11-04 View on X
Decrypt

OpenSea lays off ~50% of staff and is moving to “OpenSea 2.0”; after laying off 20% of its workforce in July 2022, the NFT marketplace said 230 staff remained

A company representative told Decrypt that approximately 50% of employees were impacted across the company.

1/9 OpenSea is making some big changes today to focus on the next version of our product.
2023-11-04 View on X
Decrypt

OpenSea lays off ~50% of staff and is moving to “OpenSea 2.0”; after laying off 20% of its workforce in July 2022, the NFT marketplace said 230 staff remained

A company representative told Decrypt that approximately 50% of employees were impacted across the company.

5/9 So we took a step back and reimagined our operating culture, product, and tech from the ground up. And today, we're re-orienting the team around “OpenSea 2.0,” a big upgrade to our product - including the underlying technology, reliability, speed, quality, & experience.
2023-11-04 View on X
Decrypt

OpenSea lays off ~50% of staff and is moving to “OpenSea 2.0”; after laying off 20% of its workforce in July 2022, the NFT marketplace said 230 staff remained

A company representative told Decrypt that approximately 50% of employees were impacted across the company.

2022-07-16
Today is a hard day for OpenSea, as we're letting go of ~20% of our team. Here's the note I shared with our team earlier this morning: https://twitter.com/...
2022-07-16 View on X
The Block

NFT marketplace OpenSea CEO Devin Finzer says the company laid off ~20% of employees; OpenSea didn't disclose the number impacted but said that 230 staff remain

Michael McSweeney / The Block :

2022-07-15
Today is a hard day for OpenSea, as we're letting go of ~20% of our team. Here's the note I shared with our team earlier this morning: https://twitter.com/...
2022-07-15 View on X
The Block

NFT marketplace OpenSea CEO Devin Finzer says the company laid off ~20% of employees; OpenSea didn't disclose the number impacted but said that 230 staff remain

- NFT marketplace major OpenSea announced layoffs on Thursday.  — CEO Devin Finzer said in a statement that “~20% of our team” had been let go.

2022-02-21
While the attacker stopped >4 hours ago, our investigation is ongoing. We'll keep you updated as we learn more about the exact nature of the phishing attack. If you have specific information that could be useful, please DM @opensea_support.
2022-02-21 View on X
CoinDesk

OpenSea says 32 users had NFTs stolen as part of a targeted phishing campaign that scammed them into signing malicious smart contracts

Emails purporting to be from the NFT marketplace about a planned smart contract migration may have been a phishing attack. Source: @dfinzer , @opensea , and @xanderatallah .

As far as we can tell, this is a phishing attack. We don't believe it's connected to the OpenSea website. It appears 32 users thus far have signed a malicious payload from an attacker, and some of their NFTs were stolen.
2022-02-21 View on X
CoinDesk

OpenSea says 32 users had NFTs stolen as part of a targeted phishing campaign that scammed them into signing malicious smart contracts

Emails purporting to be from the NFT marketplace about a planned smart contract migration may have been a phishing attack. Source: @dfinzer , @opensea , and @xanderatallah .

Another update: over the last few hours we've talked to dozens of people, teams, and projects across the NFT space. https://twitter.com/...
2022-02-21 View on X
CoinDesk

OpenSea says 32 users had NFTs stolen as part of a targeted phishing campaign that scammed them into signing malicious smart contracts

Emails purporting to be from the NFT marketplace about a planned smart contract migration may have been a phishing attack. Source: @dfinzer , @opensea , and @xanderatallah .

We have confidence that this was a phishing attack. We don't know where the phishing occurred, but we've been able to rule out a number of things based on our conversations with the 32 affected users. Specifically:
2022-02-21 View on X
CoinDesk

OpenSea says 32 users had NFTs stolen as part of a targeted phishing campaign that scammed them into signing malicious smart contracts

Emails purporting to be from the NFT marketplace about a planned smart contract migration may have been a phishing attack. Source: @dfinzer , @opensea , and @xanderatallah .

This attack did not originate on https://opensea.io/.
2022-02-21 View on X
CoinDesk

OpenSea says 32 users had NFTs stolen as part of a targeted phishing campaign that scammed them into signing malicious smart contracts

Emails purporting to be from the NFT marketplace about a planned smart contract migration may have been a phishing attack. Source: @dfinzer , @opensea , and @xanderatallah .

Interaction with an OpenSea email is not a vector for attack. In fact, we are not aware of any of the affected users receiving or clicking links in suspicious emails.
2022-02-21 View on X
CoinDesk

OpenSea says 32 users had NFTs stolen as part of a targeted phishing campaign that scammed them into signing malicious smart contracts

Emails purporting to be from the NFT marketplace about a planned smart contract migration may have been a phishing attack. Source: @dfinzer , @opensea , and @xanderatallah .

I know you're all worried. We're running an all hands on deck investigation, but I want to take a minute to share the facts as I see them:
2022-02-21 View on X
CoinDesk

OpenSea says 32 users had NFTs stolen as part of a targeted phishing campaign that scammed them into signing malicious smart contracts

Emails purporting to be from the NFT marketplace about a planned smart contract migration may have been a phishing attack. Source: @dfinzer , @opensea , and @xanderatallah .

For more technical context, this thread (https://twitter.com/...) is consistent with our current internal understanding.
2022-02-21 View on X
CoinDesk

OpenSea says 32 users had NFTs stolen as part of a targeted phishing campaign that scammed them into signing malicious smart contracts

Emails purporting to be from the NFT marketplace about a planned smart contract migration may have been a phishing attack. Source: @dfinzer , @opensea , and @xanderatallah .

2022-02-20
I know you're all worried. We're running an all hands on deck investigation, but I want to take a minute to share the facts as I see them:
2022-02-20 View on X
CoinDesk

OpenSea says it's investigating “rumors of an exploit” of smart contracts; CEO says “32 users thus far have signed a malicious payload” and some had NFTs stolen

Emails purporting to be from the NFT marketplace about a planned smart contract migration may have been a phishing attack. Source: @opensea , @dfinzer , and @xanderatallah .

For more technical context, this thread (https://twitter.com/...) is consistent with our current internal understanding.
2022-02-20 View on X
CoinDesk

OpenSea says it's investigating “rumors of an exploit” of smart contracts; CEO says “32 users thus far have signed a malicious payload” and some had NFTs stolen

Emails purporting to be from the NFT marketplace about a planned smart contract migration may have been a phishing attack. Source: @opensea , @dfinzer , and @xanderatallah .

2022-01-19
I'm happy to finally share that we've acquired @Dharma_HQ to help us scale our engineering, product and customer support! https://opensea.io/...
2022-01-19 View on X
The Block

OpenSea acquires crypto lending APIs startup Dharma Labs, which will shutter its wallet in 30 days; source says the deal was valued between $110M and $130M

Frank Chaparro / The Block :

2021-12-16
Katie has been an incredibly thoughtful, hands on partner to OpenSea as we've experienced unprecedented growth. Excited to see her bring her talent to a broader set of founders! https://twitter.com/...
2021-12-16 View on X
Axios

Katie Haun is leaving Andreessen Horowitz to start a new firm focusing on crypto and Web3 startups; Haun's deals at a16z included OpenSea and Coinbase

they're like family. As a board partner I will continue to work on managing the existing a16z crypto portfolio and will keep my board seats Kathryn Haun / @katie_haun : 6/ This is ...

2021-09-16
We're conducting a thorough review of yesterday's incident and are committed to doing the right thing for OpenSea users. We have posted an official statement here: https://opensea.io/...
2021-09-16 View on X
The Block

NFT marketplace OpenSea acknowledges that its head of product, Nate Chastain, purchased NFTs he knew were going to be displayed prominently

On Wednesday the crypto marketplace … Will Feuer / New York Post : Mark Cuban-backed NFT marketplace admits insider trading incident Justina Lee / Bloomberg : Insider Scandal Shake...