Fox Business reporter Eleanor Terrett said in her post that new court records show that SEC Chairman Gensler believes Ethereum is a security.
According to the documents of the lawsuit that Ethereum development company Consensys recently filed with the SEC; The SEC and its chairman, Gary Gensler, believe ETH has been traded as an unregistered security for at least 1 year.
🚨BREAKING: New court filings show SEC, Chair Gensler believed ethereum was a security for at least a yearhttps://t.co/TF2jIqxDWs
— Eleanor Terrett (@EleanorTerrett) April 29, 2024
The news will be updated….
*This is not investment advice.
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