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SEC vs MetaMask: Is Staking Is Under Fire Again?
Manage episode 427366039 series 3474370
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This story was originally published on HackerNoon at: https://hackernoon.com/sec-vs-metamask-is-staking-is-under-fire-again.
Last week, the SEC filed a suit against Consensys, the developer of the popular MetaMask wallet. Is ETH under fire again?
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #sec-v-metamask, #metamask, #metamask-wallet, #consensys, #ethereum, #ETH, #sec, #sec-lawsuits, and more.
This story was written by: @sergeigorshunov. Learn more about this writer by checking @sergeigorshunov's about page, and for more stories, please visit hackernoon.com.
The SEC has sued Consensys, developer of MetaMask, for allegedly failing to register as a broker and offering unregistered securities. This follows similar actions against Coinbase and Kraken. Consensys argues ETH is a commodity, not a security, setting the stage for a complex legal battle.
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