Gary Gensler’s SEC has halted its investigation into whether Ether is a security. What could have motivated the SEC withdrawal, and is the fight over?
The United States Securities and Exchange Commission’s (SEC) case to prove Ether is a security may not have been as strong as it let on.
On June 19, 2024, the SEC surprised the crypto industry when it officially closed its investigation into whether Ether (ETH) is a security.
Consensys lawyer Laura Brookover said there will be “no more protestations from the SEC that Ether is a security.”
