Consensys: SEC will drop investigation into Ethereum
The SEC’s enforcement division says it’s ending its investigation into Ethereum, but Consensys says the fight is not over.

The SEC’s enforcement division says it’s ending its investigation into Ethereum, but Consensys says the fight is not over.
The SEC said that by offering the MetaMask wallet software, Consensys acted as an unregistered securities broker.
A total of 97 employees, or 11% of the workforce, will be affected, according to a blog post by the CEO.
CoinDesk estimates nearly 27,000 jobs have been lost across the crypto industry since April last year, based on media reports and press releases.
Crypto firm ConsenSys is announcing a new partnership with payments giant PayPal to create a convenient way for investors to purchase Ethereum (ETH).
ConsenSys will test its zkEVM private beta testnet internally starting next week. Onboarding of external users to the Layer 2 zk-rollup will begin in January 2023.
This new functionality is available to select U.S. users starting today and rolling out to all eligible U.S. customers in the coming weeks
Lex Sokolin said the sector can thrive if people develop useful applications based on blockchain technology.
Do Kwon's co-founder and CEO of TerraForm Labs recently announced the Terra revival plan and received mixed reactions; many of ...
"Joseph Lubin is the majority shareholder of both companies. The transaction harms CAG's minority shareholders and benefits Joseph Lubin personally," the group said.