New court documents show that the chairman of the US SEC has always believed that ETH is a "security" over the past year
PANews reported on April 29 that according to Fox Business, according to the relevant legal documents of the SEC's lawsuit against Consensys, Gensler, chairman of the US SEC, has always believed that ETH is an "unregistered security" over the past year and does not comply with current federal regulations. In addition, on March 28, 2023, Gurbir Grewal, head of the SEC's enforcement department, approved a formal order to investigate the status of Ethereum securities, authorizing law enforcement officers to investigate and subpoena individuals and entities involved in the incident. It is reported that the recipients of the subpoena must strictly keep the investigation confidential if they want to know more details about the investigation in accordance with the instructions of the US Securities and Exchange Commission.
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