Crypto firm Consensys sues US SEC over Ethereum regulation
- Consensys, a major Ethereum company, sued the SEC for trying to control the future of cryptocurrency by potentially classifying Ethereum as a security.
- The SEC, led by Gary Gensler, is accused of overreaching in regulating Ethereum, focusing on Consensys' MetaMask product.
- Consensys received a Wells Notice, a pre-regulatory action warning, from the SEC regarding MetaMask.
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Leaning Left2Leaning Right0Center6Last Updated9 days agoBias Distribution75% Center