{"id":137588,"date":"2024-09-20T16:30:29","date_gmt":"2024-09-20T13:30:29","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137588"},"modified":"2024-09-20T11:59:31","modified_gmt":"2024-09-20T08:59:31","slug":"court-dismisses-consensys-lawsuit-against-sec","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/court-dismisses-consensys-lawsuit-against-sec\/","title":{"rendered":"Court Dismisses Consensys Lawsuit Against SEC"},"content":{"rendered":"<p>Judge Reed O\u2019Connor of the Northern District of Texas ruled in favor of the SEC, stating that Consensys\u2019 claims regarding ether\u2019s classification as a security were moot.<\/p>\n<p>The judge confirmed that Consensys would not pursue certain claims and ruled that the SEC\u2019s actions concerning Consensys\u2019 MetaMask software lacked finality, leading to the dismissal of the case without prejudice.<\/p>\n<p>Consensys initially filed the lawsuit in April, contesting the SEC\u2019s stance on ether and alleging the agency targeted MetaMask.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/hackers-swipe-243-million-in-crypto-heist\/\" title=\"Hackers Swipe $243 Million in Crypto Heist\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/bitfinex-hack-1-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Hackers Swipe $243 Million in Crypto Heist<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Although the SEC closed its investigation into Ethereum in June, which Consensys considered a win, the company continued the lawsuit seeking clarification on whether its MetaMask services violated securities laws.<\/p>\n<p>In July, the SEC sued Consensys for failing to register its MetaMask swaps service as a broker. Following the dismissal, Consensys expressed its commitment to advocating for blockchain developers and noted a potential shift in Washington\u2019s attitude toward cryptocurrencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A U.S. district court has dismissed a lawsuit filed by Consensys Software Inc. against the Securities and Exchange Commission (SEC).<\/p>\n","protected":false},"author":3,"featured_media":31356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-137588","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Court Dismisses Consensys Lawsuit Against SEC - CryptoDnes EN<\/title>\n<meta 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