“The US Securities and Exchange Commission has filed a lawsuit against Ethereum software provider ConsenSys, accusing it of operating its MetaMask service as an unregistered broker engaged in the offer and sale of securities.

MetaMask also offered an unregistered securities program through its staking service, the Commission alleged.

According to the lawsuit, MetaMask Swaps allowed investors to trade digital assets with each other through ConsenSys software. ConsenSys collects fees for providing these services and has facilitated over 36 million crypto transactions over the past four years.

The Commission says these securities include Polygon (MATIC), Mana (MANA), Chiliz (CHZ), the Sandbox (SAND) and Luna (LUNA), although it is believed that other digital assets may also be securities.

"ConsenSys has collected more than $250 million in fees," the Commission alleges.