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The energy and chemical sector saw a collective decline. The main contract for low-sulfur fuel oil (LU) fell over 8%, currently trading at 4691 yuan/ton; the main contract for fuel oil fell over 8%, currently trading at 3610 yuan/ton; the main contract for styrene (EB) fell sharply by 4.00%, currently trading at 8608.00 yuan/ton; the main contract for PTA fell sharply by 4.00%, currently trading at 5550.00 yuan/ton; the main contract for methanol fell sharply by 4.00%, currently trading at 2828.00 yuan/ton; and the main contract for benzene fell sharply by 4%, currently trading at 7471 yuan/ton.The energy and chemical sector saw a collective decline. The main contract for low-sulfur fuel oil (LU) fell over 8%, currently trading at 4691 yuan/ton; the main contract for fuel oil fell over 8%, currently trading at 3610 yuan/ton; the main contract for styrene (EB) fell sharply by 4.00%, currently trading at 8608.00 yuan/ton; the main contract for PTA fell sharply by 4.00%, currently trading at 5550.00 yuan/ton; the main contract for methanol fell sharply by 4.00%, currently trading at 2828.00 yuan/ton; and the main contract for benzene fell sharply by 4%, currently trading at 7471 yuan/ton.Bank of Japan: Bank of Japan policy board member Naoki Tamura will replace Kazuo Ueda at the Jackson Hole meeting and will not be given an interview opportunity to the media.Futures News, August 26th: Crude oil prices fell for two consecutive days, leading to a bearish sentiment in the fuel oil market. Traders are adopting a wait-and-see approach, with fears of further declines gradually intensifying. While news is unstable, tight supply of some fuel oil products is supporting prices. The market is experiencing a tug-of-war between upstream and downstream players, and todays trading is expected to be partially stable with some areas seeing slight declines to adjust volume.A preliminary agreement on temporary shipping routes across the Taiwan Strait is expected to be reached. International crude oil prices are trading at low levels. A chart provides a quick overview of the pre-market crude oil prices converted between domestic and international markets.

OpenSea Delists Sands Vegas Casino Club NFTs After Cease & Desist Orders

Cameron Murphy

Apr 25, 2022 09:40


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Sands Vegas Casino Club Gambler NFTs are delisted by OpenSea.


Sands Vegas Casino Club was served with cease-and-desist orders for NFT sales earlier this month by two US states.


Sands Vegas Casino Club is said to have sold NFTs to finance a Metaverse casino, despite the fact that they were classified as securities.


OpenSea, the main NFT marketplace, has had a tumultuous year. Trading volumes on OpenSea reached a new high in January before plummeting in February and March.


In April, NFT market conditions improved, with OpenSea Ethereum (ETH)-based NFT trade volumes already exceeding March levels.


With a week left in April, the Ethereum-based NFT trading volume is $2.68 billion, according to Dune Analytics. Trading volumes in March were $2.49 billion dollars.


With the NFT market strengthening, OpenSea looks to be treading more carefully in order to avoid regulatory repercussions.

OpenSea Delists Sands Vegas Casino Club NFT Sales

The sale of Sands Vegas Casino Club Gambler Ape NFTs was halted by OpenSea this week. Despite regulatory action against the virtual casino, OpenSea continued to enable trading of the Gambler NFTs this time last week.


Sand Vegas Casino purchased 27 plots in Sandbox in January 2022, according to the Sand Vegas plan.


Between March and August 2022, the virtual casino sought to satisfy all regulatory/legal standards.


According to the OpenSea Help Center, NFTs are delisted if they are found to:


  • Infringe on intellectual property that is protected,

  • Encourage someone to commit suicide or injure themselves,

  • Incite people to hatred or violence,

  • Denigrate or dox another person,

  • Otherwise, you are in violation of our terms of service.

  • The virtual casino's financing source will be cut off as a result of the delisting.

  • The owners of the Gambler NFTs are said to get half of the casino earnings.


The delisting of OpenSea comes as a result of cease-and-desist orders issued by the states of Texas and Alabama.


The casino's website is still up and running, and the SVCC NFTs are still available, however the Twitter handle @sandsvegascasino is no longer active.


Alabama and Texas have issued cease-and-desist orders against Sands Vegas.


Alabama and Texas have issued cease-and-desist orders against Sands Vegas Casino Club this month.


The online casino allegedly sold NFTs to support its activities, according to the two states. The NFTs were an unlawful securities offering, according to Alabama and Texas state statutes.


According to a news statement by the Texas State Securities Board, the virtual casino provided,


"11,111 Gambler NFTs in conjunction with the creation of metaverse casinos in popular metaverses like the Sandbox (SAND), Decentraland (MANA), Infinity Void, and NFT Worlds," according to the report.


According to the news release,


"Gamblers may visit the metaverse casino through avatars and play poker and other games using bitcoins. These activities benefit purchasers of Gambler NFTs. They not only become proprietors of the metaverse casinos, but they also allegedly get half of the revenues."

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