@cam1
SEC Chair Gary Gensler has consistently declined to provide clarity on whether the Ether token can be considered an unregistered security. Alderoty is now curious about Gensler's response to such a question, given that the agency has abruptly concluded its investigation into Consensys. In April, Consensys, the Ethereum backer, filed a lawsuit against the SEC following a Wells notice of impending enforcement action. The company accused the SEC of causing harm to market participants and developers by attempting to classify Ether as a security. Consensys also defended its popular MetaMask wallet, refuting the SEC's allegations that it had breached securities laws by acting as an unregistered broker-dealer.
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