Consensys CEO Joe Lubin explains why the firm is taking legal action against the SEC, discusses Ethereum’s roadmap and the importance of Vitalik Buterin's continued involvement.
Ethereum co-founder Joe Lubin says Consensys is willing to spend millions of dollars to challenge the Securities and Exchange Commission's (SEC) enforcement campaign against the broader Ethereum ecosystem in the United States.
Speaking exclusively on the Decentralize with Cointelegraph podcast, Lubin unpacked the finer details of Consensys’ decision to take preemptive legal action against the SEC. Listen to the full podcast below.
The Ethereum co-founder believes the financial and operational costs incurred by the cryptocurrency ecosystem due to the SEC’s “regulate by enforcement” policies are hard to quantify.
