<ul class="news-points">
 <li><strong>SEC’s use of Wells Notices without subsequent lawsuits raises questions on regulatory intent.</strong></li>
 <li><strong>Consensys denies SEC’s allegations, emphasizing MetaMask’s role as an interface, not a broker.</strong></li>
 <li><strong>Challenging the SEC’s authority over Ethereum, Consensys underscores regulatory inconsistencies.</strong></li>
</ul>
<p>Prominent crypto analyst on X (formerly Twitter), Mr. Huber, recently highlighted a curious pattern regarding the U.S. Securities and Exchange Commission’s (SEC) actions against Ethereum-related entities. He noted the issuance of Wells Notices, indicating impending enforcement actions, but observed a notable absence of actual lawsuits filed by the SEC. This observation raises questions about the regulator’s intentions and the perceived threat it poses to Ethereum and its affiliated projects.</p>
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   <p lang="en" dir="ltr">See a pattern? A two-year-old Wells Notice, but no lawsuit has ever been filed. The SEC hasn't filed any lawsuit within years of issuing these Wells Notices. It looks like a ploy to me. They act as though they would threaten Ethereum, Lubin, and his token foundry like the rest of… <a href="https://t.co/WHGCa70IY9" target="_blank" rel="noopener noreferrer nofollow">https://t.co/WHGCa70IY9</a></p>— Mr. Huber <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f985.png" alt="🦅" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@Leerzeit) <a href="https://twitter.com/Leerzeit/status/1783719105465364978?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 26, 2024</a>
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<p><a href="https://coinedition.com/consensys-urges-the-sec-to-recognize-ethereums-advanced-safeguards/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">Consensys</a> has now stepped into the fray by …</p>
<p>The post <a href="https://coinedition.com/consensys-fights-back-defending-ethereum-against-sec/" rel="noopener noreferrer nofollow">Consensys Fights Back Defending Ethereum Against SEC</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Consensys Fights Back Defending Ethereum Against SEC

Coin Edition

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