NEW YORK — Internet financial analysts are celebrating the insider trading charges against a disgraced OpenSea employee because they believe it shows that NFTs are as, in fact, as legitimate as ever.
“With the SEC charging an OpenSea employee with insider Trading, it proves these ‘wastes of time’ and ‘dumb stupid JPEGs that morons buy’ are big movers and shakers in the investment world. They have made it to the big time, just like ENRON,” said Reddit user BigMonkey518. “People laughed at me when I said I bought a mutant bored ape NFT. My dad even threatened to kick me out of home, again. But look, I was right! maybe it’s even time I doubled down on my investment.”
At the time of publication, the SEC has delayed proceedings to gather evidence and try to understand what NFTs are by watching YouTube clips.