Stand With Crypto, a political advocacy group led by Coinbase, has launched (https://cointelegraph.com/news/coinbase-stand-with-crypto-nft-legal-defense-fund-a16z-opensea) a $6 million legal defense fund aimed at supporting NFT projects. The fund, called the Creator Legal Defense Fund, is backed by a16z and OpenSea. This initiative comes after OpenSea received a Wells notice from the U.S. SEC last month.