🎉Good news! The U.S. Securities and Exchange Commission (SEC) has closed its "Ethereum 2.0" investigation into Consensys. 🔍However, this does not mean that the SEC has determined that Ethereum is not a security. 🤔

Teresa Goody Guillén, a partner at BakerHostetler and a former SEC litigator, said this simply provides a data point that the SEC has concluded that it will not file a lawsuit alleging that Ethereum is a security at this time. 📊

A former SEC enforcement attorney who wished to remain anonymous also said that the SEC's decision to abandon the investigation may be because the risk of litigation borne by the agency is too great. He said: "I think the important thing to remember is that I don't think the closing of the case necessarily means that they have decided that this is not a security, they may just decide that they don't want to take the risk of filing a lawsuit." 👨‍⚖️

This is good news for Ethereum, but we still need to continue to pay attention to the SEC's attitude and actions. 👀In this industry, nothing is certain, but the outlook for Bitcoin still looks optimistic! 🚀