According to PANews, Fox reporter Eleanor Terrett said on the X platform that she contacted Joseph Lubin, the founder of ConsenSys, and asked about the U.S. Securities and Exchange Commission (SEC)'s decision to abandon its investigation into Ethereum and how this would affect their lawsuit against the agency. Lubin responded that although the SEC's decision to end the 14-month Ethereum investigation was good news, it was just the beginning. He said that for the regulation of the cryptocurrency market, better methods need to be found than surprise attacks.

He expects that hostility toward cryptocurrencies by some U.S. regulators will begin to wane and that the nation’s investor protection strategy will evolve from its current guerrilla tactics. Until then, they will continue to file lawsuits against the SEC in Texas as they work to gain more legal clarity for everyone.