Opinion: The US SEC ended its investigation into Ethereum to avoid litigation
Odaily2024/06/21 20:40
By:Odaily
Odaily News The U.S. Securities and Exchange Commission (SEC) previously said that it had ended its
Ethereum 2.0 investigation into Consensys. Teresa Goody Guillén, a partner at BakerHostetler and a former SEC litigation attorney, told CoinDesk that this does not mean that the Commission definitely believes that Ethereum is not a security, but it does provide another data point that the Commission has concluded that it will not file a lawsuit alleging that Ethereum is a security at this time. A former SEC enforcement attorney who wished to remain anonymous said that the SECs decision to abandon the investigation may be because the risk of litigation borne by the agency was too great. He said: I think the important thing to remember is that I dont think the closure of the case necessarily means that they have decided that this is not a security. They may have just decided that they dont want to risk filing a lawsuit.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
CandyBomb x RAVE: Trade futures to share 200,000 RAVE!
Bitget Announcement•2025/12/12 14:00
Bitget TradFi: Trade gold, forex, and more assets in one account
Bitget Announcement•2025/12/12 05:25
CandyBomb x US: Trade to share 5,400,000 US
Bitget Announcement•2025/12/11 09:00
[Initial Listing] Bitget to list Almanak (ALMANAK). Grab a share of 4,200,000 ALMANAK
Bitget Announcement•2025/12/11 08:24
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$90,525.04
-1.88%
Ethereum
ETH
$3,124.07
-3.54%
Tether USDt
USDT
$1
-0.02%
XRP
XRP
$2.04
+0.40%
BNB
BNB
$888.16
+0.06%
USDC
USDC
$1.0000
+0.00%
Solana
SOL
$133.74
-3.26%
TRON
TRX
$0.2731
-1.75%
Dogecoin
DOGE
$0.1386
-1.23%
Cardano
ADA
$0.4127
-3.01%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now