Ethereum also survived the SEC threat: “This is a victory” statement

The US Securities and Exchange Commission (SEC) will not sue Consensys about Ether. Consensys, the company behind the Metamask wallet, said in a statement: "In the information provided to us by the SEC, it was stated that the institution has closed its investigation regarding Ethereum 2.0. A lawsuit will not be filed on this issue."

Consensys, the company behind Metamask, one of the largest cryptocurrency wallets, announced that Ethereum and themselves have overcome the SEC threat.

“SEC will not sue us”

In the statement made by Consensys at night, it was stated that the decision taken by the SEC was a great victory for Ethereum developers and the following statements were used:

“We are pleased to report today that we have achieved a significant victory on behalf of Ethereum developers, technology providers, and industry participants. The SEC's sanctions department stated in the notification sent to us that it had closed its investigation regarding Ethereum 2.0. “This shows that the SEC will not sue us on the grounds that ETH transactions are involved in the sale of securities.”

“It is not enough to heal all wounds”

The company also stated that it sent a letter to the SEC on June 7 asking whether the adoption of ETH ETFs makes Ether a commodity and, as a result, the investigation should be closed:

“In our letter to the SEC on June 7, we talked about the approval of ETH ETFs and asked whether this made Ether a commodity and, if so, whether this meant closing the investigation. “While the conclusion of this investigation is a positive development, it will not be enough to heal all the wounds of the blockchain world, which has suffered due to the SEC's unlawful and aggressive anti-crypto actions.”#geleceğihatırla

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