Yaroslav Bogdanov: SEC scores a new victory over the crypto industry

September 27, 2024 - 19:30
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Yaroslav Bogdanov

A Texas court has dismissed a lawsuit filed by blockchain software company Consensys against the U.S. Securities and Exchange Commission (SEC).

The company sought to challenge the SEC’s attempts to classify Ethereum tokens (ETH) as a security. Consensys’ lawsuit was dismissed, giving the SEC another victory in its battle for control of the cryptosphere.

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