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Anyone knows the legality of this? NFTs aren’t regulated, right? And OpenSea isn’t legally bound to act on its clients best interests?
by d--b 5y ago
Anyone knows the legality of this? NFTs aren’t regulated, right? And OpenSea isn’t legally bound to act on its clients best interests?
- dcolkitt 5y agoNot against the law at all. If market manipulation and insider trading of art was illegal half the gallery owners, collectors and critics in New York and London would be in jail. Bad look for OpenSeas and unethical? Sure.
- space_rock 5y agoYou can't rig an auction. That's illegal. eBay can't trade in it's own items to get the prices higher