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#ROOST What do you guys think about Roost coin does it have a chance to get list on binance ??

#ROOST What do you guys think about Roost coin does it have a chance to get list on binance ??

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Crypto Firm Sues SEC to Fend Off Oversight of Ethereum Consensys says in a lawsuit in federal court in Texas Thursday that if the SEC is permitted to exert authority over Ethereum and its digital token Ether, it would bring the blockchain to a halt, “crippling one of the internet’s greatest innovations.” The lawsuit comes amid growing scrutiny of Ethereum by the SEC. In March, the agency demanded information from various companies as part of a review of aspects of Ether, the world’s second biggest cryptocurrency. Consensys founder Joseph Lubin said in a statement that the SEC investigations into the company and others that contribute to the Ethereum codebase are “only accelerating.” “They’ve made extensive requests for documents and testimony regarding our involvement with the code and the asset,” said Lubin, who was also a co-founder of Ethereum blockchain. “Absent any indication from the SEC otherwise, we have no reason but to believe an action against Consensys regarding Ether to be imminent.” Consensys is asking the court to rule that the token is not a security and isn’t under the authority of the SEC. On Thursday, Consensys disclosed it received a Wells notice from the SEC related to its MetaMask wallet. The SEC declined to comment on the lawsuit. The Ethereum Foundation, a non-profit supporting the blockchain, didn’t immediately return a request to comment. SEC Chair Gary Gensler has said many digital assets are unregistered securities subject to SEC rules, but he has not specified if Ether is part of that group. Bitcoin, the world’s largest digital asset, is the only cryptocurrency that Gensler has definitively said isn’t a security in his view.
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