The SEC has filed lawsuits against several major crypto companies and platforms. Consensys is the primary target of this lawsuit. Consensys is being sued because #MetaMask , their software wallet, is accused of offering unregistered broker services. Additionally, the direct staking feature through the Metamask wallet is also targeted in the lawsuit.

Besides Consensys, DeFi platforms like Lido and Rocket Pool are also being sued by the SEC for providing staking services.