Consensys Files Lawsuit Against SEC Over Alleged Unlawful Authority Seizure on Ethereum

Thursday, 25 April 2024, 18:36
Consensys, a prominent Ethereum developer, has taken legal action against the U.S. Securities and Exchange Commission, accusing the regulator of an 'unlawful seizure of authority' over Ethereum. The lawsuit aims to challenge the SEC's control over the cryptocurrency and its impact on the market. This move by Consensys sheds light on the ongoing regulatory concerns surrounding Ethereum and the crypto industry as a whole.
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Consensys Files Lawsuit Against SEC Over Alleged Unlawful Authority Seizure on Ethereum

Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum

Ethereum developer Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission, striking back against what the company calls an 'unlawful seizure of authority' over Ethereum by the federal regulator.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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