In its June 7 filing with the SEC, Consensys asked the Commission to confirm that the filing of 19b-4 filings for the ETH-ETF was based on the premise that the asset was classified as a commodity.
“The SEC's Division of Enforcement has notified us that they have closed their investigation into Ethereum 2.0. This means that the Commission will not bring charges for unregistered sales of securities,” Consensys said in a statement.
Let us recall that at the end of April, Consensys filed a lawsuit in New York court against the regulator, calling on the court to approve the provision according to which the asset would not be recognized as a security.
Consensys said it will continue to push the SEC to end its opaque policies toward the crypto market and will ask the court to find that it did not act as an unregistered broker and did not offer securities through MetaMask's Swaps and Stakes products.
Earlier, lawyer Jake Chervinsky criticized the US Securities and Exchange Commission for threatening to prosecute cryptocurrency companies.
