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Ethereum Spikes After SEC Drops Investigation

Posted on AllSides June 18th, 2024
From The Right

Ethereum Spikes After SEC Drops Investigation The Securities and Exchange Commission is dropping its investigation into whether Ether is a security, Ethereum developer Consensys said Wednesday. “The Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0,” the firm said in a June 19 X post. “This means that the SEC will not bring charges alleging that sales of ETH are securities transactions,” which it hailed as a “major win for Ethereum developers, technology providers, and industry participants.” ETHEREUM SURVIVES THE SEC. Today...

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