🚨#CryptoNews: The SEC is suing Ethereum software provider ConsenSys, alleging that its MetaMask service acted as an unregistered broker, engaging in the offer and sale of securities.💼

The lawsuit also claims that MetaMask offered an unregistered securities program through its staking service for Lido (LDO) and Rocket Pool (RPL).🔍

Interestingly, ConsenSys, which has facilitated over 36M crypto transactions in the past 4 years, only admitted that "at least 5M" of these were in "crypto asset securities."🤔

The SEC alleges these include Polygon (MATIC), Mana (MANA), Chiliz (CHZ), the Sandbox (SAND), and Luna (LUNA), with the possibility of others.💰

The lawsuit comes just weeks after ConsenSys announced the SEC had ended investigations into the company tied to Ethereum.🔄

What do you think about this development? Let's discuss in the comments!👇 #Blockchain #CryptoRegulation