Ethereum (ETH) Users Face Potential Impact from SEC’s Anti-Crypto Stance, Warns Billionaire Joseph Lubin
12d ago•
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- Ethereum co-founder Joseph Lubin warns about the potential negative impact of the U.S. Securities and Exchange Commission’s (SEC) current policies on the crypto industry.
- If Ethereum (ETH) is declared a security by the SEC, it could limit access to the protocol for US citizens and developers.
- Lubin, also the CEO of Consensys, creators of MetaMask, has initiated a lawsuit against the SEC to prevent the reclassification of ETH as a security.
Ethereum co-founder Joseph Lubin raises concerns over the SEC’s crypto policies, warning that declaring ETH a security could have far-reaching implications for the industry.