{"id":152231,"date":"2025-02-28T10:57:33","date_gmt":"2025-02-28T08:57:33","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=152231"},"modified":"2025-02-28T10:57:53","modified_gmt":"2025-02-28T08:57:53","slug":"consensys-triumphs-as-sec-walks-away-from-legal-fight","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/consensys-triumphs-as-sec-walks-away-from-legal-fight\/","title":{"rendered":"Consensys Triumphs as SEC Walks Away from Legal Fight"},"content":{"rendered":"
Joseph Lubin, co-founder of Ethereum<\/a> <\/strong>and head of Consensys, revealed<\/a> <\/strong>that the agency has agreed to drop the case, though the final approval process is still ongoing.<\/p>\n Lubin welcomed the development, emphasizing that Consensys can now concentrate entirely on expanding its projects. He predicted a breakthrough year in 2025, with Ethereum and Consensys driving the push toward greater decentralization.<\/p>\n Regulators had targeted Consensys in mid-2024, accusing the company of profiting extensively\u2014over $250 million\u2014from MetaMask\u2019s staking services and digital asset exchange features. However, the SEC\u2019s decision to step back aligns with its recent pattern of retreating from enforcement actions against major crypto firms, including Uniswap, Robinhood Crypto, and Gemini.<\/p>\n