[Blockchain News] Texas court dismisses Consensys' lawsuit against the SEC! 🎉

On Thursday evening, a Texas court dismissed Consensys' lawsuit against the U.S. Securities and Exchange Commission (SEC) and its chairman Gary Gensler. Consensys filed a lawsuit in April this year, accusing the SEC of investigating Ethereum and issuing a Wells notice to MetaMask.

The court held that the SEC's enforcement action did not constitute a final institutional action and did not establish the plaintiff's legal rights or obligations. At the same time, the allegations surrounding ETH were dismissed because the SEC had announced that it had stopped its investigation into ETH. Despite this, Consensys said that the SEC had granted the relief it sought on key issues in the Ethereum ecosystem.

Bitcoin remains a bright spot in the market and continues to remain optimistic! 🚀