đ **Crypto Drama in Texas: Consensys vs. SEC** đ
Hold onto your wallets, folks! A Texas federal judge just dismissed Consensys' lawsuit against the SEC and its commissioners, including Chair Gary Gensler. The blockchain firm sought to declare Ether (ETH) as *not* a security and claimed the SEC was planning to regulate it as one.
Judge Reed OâConnor ruled that the SECâs Wells notice on MetaMask doesnât impose legal consequences on Consensys. Plus, the SEC had already dropped its Ethereum probe back in July.
Consensys isn't backing down, though. Theyâre still fighting an SEC lawsuit from June. What do you think? Drop your thoughts below! đŹđ