SEC Subpoenas Firms Involved with Ethereum Foundation

Wednesday, 20 March 2024, 17:29
The Securities and Exchange Commission has issued subpoenas to firms associated with the Ethereum Foundation following Ethereum's shift to a proof-of-stake consensus mechanism. This move signifies regulatory scrutiny on entities dealing with the popular cryptocurrency. The subpoenas highlight a potential investigation into the implications of Ethereum's new operational model on the broader financial landscape.
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SEC Subpoenas Firms Involved with Ethereum Foundation

SEC Subpoenas Firms Connected to Ethereum Foundation

Firms have been served with subpoenas in connection with the Ethereum Foundation following its transition to a proof-of-stake protocol. The regulatory actions indicate a closer examination of companies in the cryptocurrency space

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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