SEC investigating Ethereum Foundation in bid to declare ETH a security
Cracks are appearing in the Ethereum Foundation following reports that the U.S. SEC is probing the group ahead of plans to label the ETH token an unregistered security.
Latest ETH News
Ethereum co-founders knew ETH was a security from the get-go, insider says
Ethereum insider Steven Nerayoff cements claims about Vitalik Buterin being one of "the biggest frauds," which he intends to detail in a lawsuit that will be filed sometime in the future.
Binance Russia is dead! Long live Binance Russia!
Recent reports allege that Binance had "entered into an agreement to sell the entirety of its Russia business to CommEX," an exchange that launched only the day before.
Your network is your net worth: friend.tech onboards 10K users at launch
Following brc-20, sats.names, and bitmap comes friend.tech, a marketplace that allows users to buy and trade shares with digital currency, successfully onboarding 10,000 users in its August 9 launch.
Is Ethereum (ETH) a security under US law?
Buffone Law Group issued the memo warning that Ethereum’s move to proof-of-stake and the Ethereum 2.0 staking programs offered by exchanges amount to illegal securities under the Howey test.
Survey confirms worst clichés about lottery-loving ‘crypto bros’
The National Bureau of Economic Research released a working paper on U.S. households' attitudes toward digital assets, which sought to understand cryptocurrency investment decisions and motives.
SEC v Ripple: No smoking gun in Hinman docs
Ripple execs are hyping up the U.S. SEC communications relating to a speech given by Bill Hinman in 2018, in which he said that he did not believe BTC or ETH were securities.
Why aren’t BTC and ETH included in SEC’s charges vs Coinbase, Binance?
Charging the world's two largest exchanges—Coinbase and Binance—poses a question of what makes a digital asset a security following the SEC's refusal to make a similar move against BTC and ETH.
What the SEC charges against Binance, Coinbase mean for the industry
Charges filed by the SEC against Binance and Coinbase spell trouble for the 'crypto' industry dominated by exchanges that offer assets that amount to securities without proper authorization.
Coinbase protests SEC custody proposal, loses customers’ ETH
Coinbase filed an official protest of plans by the U.S. SEC to expand the Investment Advisers Act of 1940 custody rules in order to “protect a broader array of client assets and advisory activities.”
NYAG calls Ethereum a security and destroys decentralization myth
The NYAG filed charges against exchange KuCoin last week over failing to register as a securities and commodities broker-dealer while ETH was expressly labeled a security in the charges.
Ethereum is a security—CFTC is wrong
As per the legal opinion of both the chairman of the Securities and Exchange Commission and the New York Attorney General, Ethereum, and most other tokens sold via ICO, are unregistered securities.