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Which company will be the first to face SEC enforcement action over Ethereum after the dismissal of the Consensys lawsuit by September 30, 2025?
2
Resolution / Starting Odds
Consensys • 25%
Ethereum Foundation • 25%
Another Ethereum-related company • 25%
No enforcement action taken • 25%
Official SEC announcements and public records
Story
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.
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