SEC Sues ConsenSys Over Unregistered MetaMask Broker Activities

The U.S. Securities and Exchange Commission (SEC) has initiated legal proceedings against blockchain firm ConsenSys. The SEC alleges that ConsenSys has been acting as a broker without proper registration through its MetaMask platform, one of the most widely used wallets in the cryptocurrency sector. “Consensys has raised over $250 million in fees through their staking

Source: CoinOtag