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News Explorer — The SEC Has Considered Ethereum a Security for Over a Year, Lawsuit Alleges

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Apr 29, 2:20 pm
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The SEC Has Considered Ethereum a Security for Over a Year, Lawsuit Alleges

The SEC has internally considered Ethereum to be a security for over a year, according to a lawsuit filed by Consensys. The SEC's Director of the Division of Enforcement issued an internal Formal Order authorizing an investigation into Ethereum and other securities. This revelation contradicts SEC Chair Gary Gensler's refusal to state the agency's position on Ethereum.

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