Consensys founder: Still planning to move forward with SEC lawsuit to gain more legal clarity
Forbes business journalist Eleanor Terrett contacted Consensys founder Joseph Lubin to ask his opinion on the US SEC's decision to end its investigation into ETH and what it means for their lawsuit against the agency. Lubin stated that the company still plans to pursue the lawsuit and that the SEC's decision to end its 14-month investigation into Ethereum is a welcome development, but not enough. There must be better market regulation than raids.
We hope that some US regulatory agencies will begin to reduce their antagonistic attitudes towards cryptocurrencies, and that national investor protection strategies will evolve from current guerrilla tactics. In the meantime, we will continue our lawsuit against the US Securities and Exchange Commission in Texas because we are committed to fighting for more legal clarity for everyone.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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