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Cryptopolitan 2024-03-21 11:44:05

Ethereum Foundation under SEC investigation for potential security classification of ETH

The United States Securities and Exchange Commission (SEC) has reportedly issued subpoenas to various U.S.-based companies linked to the Ethereum Foundation as part of an investigation aimed at determining whether Ether (ETH) should be classified as a security. This inquiry follows Ethereum’s transition from a proof-of-work to a proof-of-stake blockchain in 2022. The SEC’s examination

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