CoinDesk:

Consensys sues the US SEC over what it calls the agency's “unlawful seizure of authority over ETH”, after getting a Wells notice for its MetaMask wallet product  —  By offering their MetaMask wallet software, the SEC says Consensys is acting as an unregistered securities broker.

CoinDesk:

Consensys sues the US SEC over what it calls the agency's “unlawful seizure of authority over ETH”, after getting a Wells notice for its MetaMask wallet product  —  By offering their MetaMask wallet software, the SEC says Consensys is acting as an unregistered securities broker.

Source: TechMeme
Source Link: http://www.techmeme.com/240425/p39#a240425p39