SEC Sues Ethereum Developer Consensys Over Unregistered Broker Allegations via MetaMask

1 min read

10 months ago bitnews

The U.S. Securities and Exchange Commission (SEC) has recently filed a legal challenge against Consensys, a prominent Ethereum developer. The SEC accuses Consensys of functioning as an unregistered broker through its MetaMask Staking operations. In its case, the SEC claims that Consensys’ activities have deprived investors of vital protections by not ensuring SEC registration. Learn