According to Foresight News, according to CoinEdition, Ripple CTO David Schwartz recently expressed support for Consensys in the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against the cryptocurrency company Consensys. Schwartz cited the example of luxury diamond company DeBeer, arguing that MetaMask's services are not for profit. Schwartz further elaborated on the investment concept related to MetaMask, adding that MetaMask's profits are only the result of external market conditions and user activities, not Consensys' efforts. In addition, when comparing tokens and securities, he proposed that "tokens managed by smart contracts cannot make all coin holders a common enterprise."
