**Texas Judge Dismisses Consensys Lawsuit Against SEC**
A Texas federal judge has dismissed Consensys' lawsuit against the SEC and its commissioners, including Chair Gary Gensler. Filed in April, the suit sought to declare Ether (ETH) as not a security and to protect Consensys's ETH sales from being classified as securities transactions.
Judge Reed O’Connor ruled that the SEC’s enforcement actions, including a Wells notice regarding MetaMask, do not constitute final agency actions. He also noted that the SEC had already dropped its investigation into Ethereum by July, rendering Consensys' claims moot.
Consensys expressed disappointment but vowed to continue fighting the SEC's ongoing lawsuit, which alleges it operated as an unregistered broker through MetaMask Swaps. Stay tuned for updates.