Decentralized dilemma: Could Ethereum survive if SEC ruled ETH a security?

U.S. regulators have yet again injected uncertainty into the crypto markets by assessing whether Ethereum is a security. What are the effects for crypto investors?

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On Feb. 26, 2024, a discreet modification appeared on the Ethereum Foundation website

The footer of the website and the website’s warrant canary were deleted according to a GitHub commit, which stated: “This commit removes a section of the footer as we have received a voluntary enquiry from a state authority that included a requirement for confidentiality.”

A warrant canary is usually some form of text or visual element — in the case of the Ethereum Foundation, a yellow bird — which some companies include on their websites to indicate they’ve never been served with a government subpoena or document request.

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