ConsenSys founder: Any DEGEN tip received will be used to defend the Ethereum ecosystem
Golden Finance reported that Joseph Lubin, founder of Consensys, said in Warpcast that any DEGEN tips received will be used to defend the Ethereum ecosystem. It was previously reported that Ethereum infrastructure development company Consensys sued the US SEC, accusing it of illegal power occupation of Ethereum. The company hopes that the federal court will declare that Ethereum is not a security, and any investigation of ConsenSys based on the idea that Ethereum is a security will violate the company's Fifth Amendment rights and the Administrative Procedure Act. MetaMask is not a broker under federal law, and MetaMask's pledge service does not violate securities laws, and prohibits the SEC from investigating or taking enforcement actions related to MetaMask's exchange or pledge functions.
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