SEC vs MetaMask: a battle for the future of staking?
The US Securities and Exchange Commission (SEC) has filed a lawsuit against ConsenSys, the developer of the MetaMask crypto wallet.
The lawsuit stemmed from the wallet's staking feature, which the SEC deemed an unregistered security.
In addition to MetaMask, the Lido DAO and Rocket Pool staking protocols were also subject to lawsuits.
As a result of this news, LDO and RPL tokens fell by 12% and 7% respectively. And MetaMask, without having its own token, remains aloof from this storm.
Do you think Gary Gensler, head of the SEC, is right in his claims?
Bet đ play Hamster if you want the SEC to stop filing lawsuits and shorting cryptocurrency!
