Partnering with Stand with Crypto to Defend Artists & Creators - a16z crypto

Andreessen Horowitz announced a partnership with Stand with Crypto and several law firms to offer legal services and consultations to artists and creators facing potential government action or seeking to structure NFT projects in a compliant manner. The article says artists have been spared SEC scrutiny that most of the crypto industry has faced, but that this has begun to change, citing a lawsuit filed by singer-songwriter Song a Day Man and Brian Frye against the SEC. It also cites a Wells Notice the SEC issued to OpenSea. Andreessen Horowitz is contributing $1 million to the legal defense fund, following OpenSea's example.