The co-founders of The Sandbox disagree with the SEC's decision to classify SAND as a security and state that The Sandbox will not be directly subject to litigation.
BlockBeats news, on June 8th, The Sandbox co-founder and CEO Sabastien Borget stated that The Sandbox is aware of the lawsuit filed by SEC against Binance and Coinbase in the United States, but does not agree with SEC's decision to classify SAND as a security. The Sandbox will not be directly affected by the lawsuit, and this event will not change the project's daily operations.