OpenSea · OpenSea Privacy Policy · View original document ↗

Information transferred as asset in insolvency proceedings

High severity High confidence Explicitdocumentlanguage Common · 289 of 352 platforms
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This analysis describes what OpenSea's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

User information is treated as a transferable business asset in insolvency proceedings, meaning it may pass to a new owner without users' control or consent.

Consumer impact (what this means for users)

If OpenSea becomes insolvent, enters bankruptcy, or goes into receivership, your information may be transferred to a third party as part of the business estate.

How other platforms handle this

Squarespace Medium

Your personal information may be transferred to countries other than where you live, such as, for example, to our servers in the US.

Ancestry Medium

Under Section 1798.83, Ancestry currently does not share any Personal Information with third parties for their own direct marketing purposes.

Public.com Medium

By using one of these tools, you agree that Public.com may transfer that information to the applicable third party service.

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▸ View Original Clause Language DOCUMENT RECORD
"
In the event of an insolvency, bankruptcy, or receivership, your information and information about you may also be transferred as a business asset.

— Excerpt from OpenSea's OpenSea Privacy Policy

Applicable regulations

CCPA/CPRA
California, USA
Connecticut Data Privacy Act Amendments
US-CT
CAN-SPAM
United States Federal
FCRA
United States Federal
FTC Act Section 5
United States Federal
GDPR
European Union
GLBA
United States Federal
Indiana Consumer Data Protection Act
US-IN
Kentucky Consumer Data Protection Act
US-KY
Universal Opt-Out Mechanism Expansion 2026
US
VPPA
United States Federal

Provision details

Document information
Document
OpenSea Privacy Policy
Entity
OpenSea
Document last updated
May 5, 2026
Tracking information
First tracked
July 9, 2026
Last verified
July 9, 2026
Record ID
CA-P-032661
Document ID
CA-D-00210
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
3401c3c3ce9929583cb3d2d39dfd1d62dd13b5de1dec21c748453ae7951b76d6
Analysis generated
July 9, 2026 06:33 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: OpenSea
Document: OpenSea Privacy Policy
Record ID: CA-P-032661
Captured: 2026-07-09 06:33:11 UTC
SHA-256: 3401c3c3ce992958…
URL: https://conductatlas.com/platform/opensea/opensea-privacy-policy/provision/CA-P-032661/information-transferred-as-asset-in-insolvency-proceedings/
Accessed: July 13, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
High
Categories

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Frequently Asked Questions

What does OpenSea's Information transferred as asset in insolvency proceedings clause do?

User information is treated as a transferable business asset in insolvency proceedings, meaning it may pass to a new owner without users' control or consent.

How does this clause affect you?

If OpenSea becomes insolvent, enters bankruptcy, or goes into receivership, your information may be transferred to a third party as part of the business estate.

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 289 platforms. See the full comparison.

Is ConductAtlas affiliated with OpenSea?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by OpenSea.