The entire article you linked is dedicated to how hard it is to fit crypto into the existing regulatory framework. All of the questions about crypto in that art

The entire article you linked is dedicated to how hard it is to fit crypto into the existing regulatory framework. All of the questions about crypto in that article apply to NFTs, but even more so. I don’t really buy the argument that the seller’s marketing of an NFT is what makes it a security. There has to be more to it than that.