Official SEC announcements and public records

Texas Court Dismisses Consensys Lawsuit Against SEC and Gensler Over MetaMask on Thursday

Sep 19, 2024, 09:15 PM

A Texas court has dismissed the lawsuit filed by Consensys against the U.S. Securities and Exchange Commission (SEC) and its Chair, Gary Gensler. The lawsuit, initiated in April 2024, aimed to challenge the SEC's regulatory approach towards Ethereum, its classification of ether as a security, and its claims regarding MetaMask. Consensys argued that the SEC's investigation into Ethereum was an overreach. The court's decision, made on Thursday, marks the end of a year-long legal battle.