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News Explorer — NY Prosecutors Tried—and Failed—to Push SEC to Classify Ethereum as a Security, Internal Records Show

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May 7, 7:09 pm
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NY Prosecutors Tried—and Failed—to Push SEC to Classify Ethereum as a Security, Internal Records Show

New York prosecutors sought the SEC's opinion on Ethereum in 2023 to strengthen their case against KuCoin, as revealed in internal records obtained by Coinbase. The emails shed light on the regulatory uncertainty surrounding the crypto industry.

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