🔥 BIG NEWS: SEC has informed Consensys (Ethereum development company) that they are closing the investigation into whether ETH is a security or not

ETH is officially a commodity, like BTC and the SEC has no authority whatsoever

ETH is officially a commodity, like BTC and the SEC has no authority whatsoever

This comes after Consensys sent a letter to the SEC asking that since the SEC has approved the Ethereum Spot ETF, if this means Ethereum is not a security.

This means that the SEC no longer views Ethereum as potentially a security and there will be no lawsuits