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  • The Sandbox Co-Founder: Disagrees with SEC's Decision to Classify SAND as a Security

The Sandbox Co-Founder: Disagrees with SEC's Decision to Classify SAND as a Security

2023/06/08
The Sandbox Co-Founder: Disagrees with SEC's Decision to Classify SAND as a Security

The Sandbox co-founder and COO Sabastien Borget said that The Sandbox is aware of the SEC's lawsuit against Binance and Coinbase in the U.S., but does not agree with the SEC's decision to classify SAND as a security. The Sandbox is not directly subject to litigation and this incident will not change the day-to-day operations of the project.