🔥Ethereum was being investigated by the SEC a year ago.
#Ethereum was being investigated by the United States Securities and Exchange Commission since the beginning of 2023, according to recent documents leaked by #Consensys .
"On March 28, 2023, Gurbir Grewal, Director of the Division of Enforcement, approved the formal Investigation Order in the matter "Ethereum2.0", delegating to the SEC staff broader authority to investigate and subpoena individuals and entities involved in the purchase and sale of ETH," Consensys lawyers wrote.
It is important to mention that in the past, officials of the #SEC have said that Ethereum is not a security, referring to a 2018 speech by the Director of the SEC's Division of Corporate Finance, William Hinman. In this speech Hinman indicated that in his opinion "#Bitcoin and #Ether were not values."
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