SEC Sues Ethereum Firm Consensys Over Unregistered Crypto Asset Services

The U.S. Securities and Exchange Commission (SEC) has recently taken legal action against Ethereum software firm Consensys. The core allegation involves Consensys supposedly operating as an unregistered broker of crypto asset securities via its MetaMask Swaps service. Consensys is accused of generating over $250 million from unregistered brokerage activities since January 2023, through its MetaMask

Source: CoinOtag