The largest collectible token market, OpenSea, delisted the DAO Turtles NFT project. The reason for this decision, representatives of OpenSea called a violation of rules related to financial activities.
The release of 10,000 DAO Turtles tokens took place on October 4th. Since then, the volume of trades with these tokens has amounted to more than 570 ETH (that is, about $ 2 million at the current exchange rate). However, suddenly the market stopped trading these tokens.
According to the developers of DAO Turtles, according to representatives of OpenSea, the project violated the rules of the service. These are the clauses prohibiting the use of the site for “carrying out any financial activity subject to licensing, including, but not limited to, the issue, purchase and sale of goods, securities, options, real estate or credit instruments.” Also, the market prohibits fundraising using methods similar to ICOs.
At the same time, representatives of OpenSea did not specify which rule was violated, nor did they report specific actions that violate the policy of using the market. As representatives of the DAO Turtles team noted, they did not understand how they violated the rules of the service, but they are sure that they did not commit anything illegal.
Earlier, another scandal was associated with the OpenSea market. The creator of the Evolved Apes collectible token project deleted the Twitter account, the project website and disappeared from ETH for $ 2.7 million. At the same time, despite reports of fraud, the market still continues to offer these tokens to buyers.
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