A Fortune report on the 20th of March revealed the ongoing investigation by the SEC (United States Securities and Exchange Commission) into the Ethereum foundation to conclude Ethereum as a Security. According to the Cointelegraph news, the foundation had presented some indirect indication for a disclosed investigation.
SEC Targets US-Based Companies
SEC has connected with three prominent US-based companies to collect documents and financial records against the Ethereum foundation to classify Ethereum as Security. This information is made public by many well-known personalities in the industry. The interaction with these companies is said to be a part of the campaign to declare Ethereum as security.
Scoop: SEC expands push to make Ethereum a security
Subpoenas sent to 3 well-known crypto companies asking for docs/records about the Ethereum Foundation
Agency is using Merge as a pretext to reclassify. w/@leomschwartz https://t.co/SmxVY4LOjm
— Jeff Roberts (@jeffjohnroberts) March 20,
We współpracy z: https://coingape.com/trending/sec-investigates-ethereums-security-designation-with-crypto-exchanges/
