Odaily Planet Daily News Fox reporter Eleanor Terrett wrote on X that she contacted Consensys founder Joseph Lubin and asked him to comment on the US SEC's abandonment of the investigation into ETH and what it means for the company's lawsuit against the SEC. Lubin said the company still plans to move forward, "The SEC's decision to end its 14-month investigation into Ethereum is an exciting development-it is necessary, but not enough. There must be a better way to regulate the market than an ambush. We hope that the hostility of some US regulators to cryptocurrencies will begin to weaken and the national investor protection strategy will move away from the current guerrilla tactics. Until then, we will continue to file a lawsuit against the SEC in Texas because we intend to fight for more legal transparency for everyone." Yesterday, Consensys announced on X that Ethereum developers, technology providers and industry participants have won a major victory: the US SEC Enforcement Division notified us that it will end its investigation into Ethereum 2.0. This means that the SEC will not accuse the sale of Ethereum of being a securities transaction.
