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The chairperson of the US SEC has consistently regarded ETH as a "security" for the past year

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2024-04-29 13:25:37
On April 29, according to the relevant legal documents of the SEC's lawsuit against Consensys, the US SEC Chairperson Gensler has always believed that ETH is an "unregistered security" and does not comply with current federal regulations.
In addition, on March 28, 2023, Gurbir Grewal, the head of the SEC's enforcement division, approved a formal order to conduct an investigation into the status of Ethereum securities, authorizing enforcement officers to investigate and subpoena individuals and entities involved in the incident. It is reported that subpoena recipients, as directed by the Securities Exchange Commission, must keep their investigation strictly confidential if they want to learn more details about the investigation.
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