Consensys

SEC Sues Consensys For MetaMask’s Swap And Staking Features

SEC Sues Consensys For MetaMask’s Swap And Staking Features

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The U.S. Securities and Exchange Commission (SEC) sued Ethereum infrastructure provider Consensys on Wednesday for allegedly failing to register key services offered within its MetaMask software wallet. The SEC’s lawsuit comes two months after it issued a Wells notice to Consensys voicing the agency’s intent to sue regarding the popular Ethereum wallet, which its website […]

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Consensys Files Lawsuit Against SEC Over Ethereum Regulation

Consensys Files Lawsuit Against SEC Over Ethereum Regulation

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Consensys has taken legal action against the U.S. Securities and Exchange Commission (SEC). The lawsuit, filed on Thursday, aims to stop an impending SEC crackdown on Consensys’ MetaMask wallet and seeks a crucial ruling on the classification of Ethereum’s native token, Ether. Consensys Challenges SEC’s Stance The filing asserted, “The U.S. Securities and Exchange Commission’s

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