SEC tries to expand crypto jurisdiction with Consensys lawsuit
The SEC has filed a lawsuit against Consensys alleging its MetaMask swaps service makes it an unregistered broker.
The SEC has filed a lawsuit against Consensys alleging its MetaMask swaps service makes it an unregistered broker.
Apparently, unless ConsenSys is lying in a new lawsuit it filed on Thursday, the SEC has classified ETH as a security.
The Premier League planned to launch the scheme with New York-based ConsenSys but now looks likely to ink a £30M per-year deal with Sorare.
If rumored figures are correct, the final settlement would be considerably less than the $30 million Gupta asked for in December after claiming Brooklyn-based ConsenSys bullied her.
Ethereum giant ConsenSys just raised $450 million from the likes of Microsoft, Temasek, and SoftBank. It’s ready to sink it into more Ether.