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Based on the indictment, Chastain took benefit of the way in which OpenSea promotes NFTs on its web site. A number of occasions per week, OpenSea lists “featured NFTs” on its homepage. Featured NFTs normally appreciated in value after showing on the homepage due to the “enhance in publicity and ensuing demand.” The Indictment alleges that Chastain knew which NFTs OpenSea would function on its homepage, as a result of he typically, in his position as an OpenSea worker, chosen them.
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