Consensys CEO Expresses Concerns about SEC’s Frequent Enforcement Actions: Fearing Ethereum’s Development Will Transform the US Financial Industry
Joseph Lubin mentioned the lawsuit between Consensys and the SEC during the Digital Asset Summit held in London. He criticized the SEC’s move to redefine Ethereum (ETH) as a security, stating that it is creating fear and uncertainty. He also mentioned that the lawsuit filed by Consensys is aimed at obtaining more legal clarity.