The U.S. Securities and Exchange Commission (SEC) has agreed to end its litigation with Consensys, the developer of MetaMask, after allegations of selling unregistered securities. The company, founded by Joseph Lubin, will now focus on further developing its technologies. The lawsuit will be dismissed upon SEC's approval. Lubin expressed gratitude for the opportunity to continue working and emphasized the importance of pro-investor policies for the crypto industry.
2/28/2025 8:08:00 AM (GMT+1)
The SEC has dropped the litigation with Consensys, allowing the company to focus on the development of technologies and further support of Ethereum and MetaMask
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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