Consensys Claims SEC Considered Ether as Possible Security more than a Year Ago
Monday, 29 April 2024, 14:53
Consensys Alleges SEC Investigation: A Year-old Revelation
A newly unredacted complaint by Consensys has unveiled that the SEC had greenlit a 'formal order' to probe Ethereum over a year ago, indicating a possible security classification for Ether.
Regulatory Impact on the Market
The revelation raises concerns in the cryptocurrency realm, potentially drawing attention to regulatory hurdles and compliance considerations for Ether stakeholders.
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