The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Consensys, the company behind the popular MetaMask crypto wallet, in federal court in Brooklyn. The SEC alleges that Consensys operated as an unregistered broker-dealer and engaged in the offer and sale of unregistered securities through its MetaMask platform. The complaint also claims that MetaMask Swaps generated over $250 million in fees and that Consensys sold unregistered staking securities in collaboration with Lido Finance and Rocket Pool. This legal action follows the Wells notice that Consensys received months earlier. The SEC is demanding a jury trial in this case.
SEC Sues ConsenSys https://t.co/ArnvZRoMS9
Here's EVERYTHING you need to know about the SEC suing Consensys. 🚨… https://t.co/n5ak92JnaY
The SEC is suing Consensys because the Metamask wallet fell off. There I said it.
SEC Sues Consensys Over MetaMask Ethereum Staking Service ► https://t.co/Gu4aTP1Kgi https://t.co/Gu4aTP1Kgi
🚩🚩 The SEC is going after Consensys now (aka parent company of Metamask)!! 🚩🚩 Y I K E S 🫣 https://t.co/OLlLOde0Pl
BREAKING: SEC sues Consensys over MetaMask swaps and staking services https://t.co/B2I3wFXQ5R
🚨 NEW: The SEC is suing Consensys, claiming Metamask is an unregistered securities broker. This constant back and forth battle continues. 🤦♂️
🚨 SEC sues Consensys alleging MetaMask makes it an unregistered broker
BREAKING: SEC SUES METAMASK ALLEGING THEY ARE AN UNREGISTERED SECURITIES BROKER
SEC sues Consensys SEC alleges Lido and Rocket Pool staking programs are securities. https://t.co/ez41nwLL26
Breaking New: SEC Files Complaint Against Consensys and Demands Jury Trial The Securities and Exchange Commission (SEC) has filed a complaint against Consensys Software Inc., the company behind the popular MetaMask crypto wallet, alleging violations of federal securities laws.… https://t.co/yE3voqlPix
JUST IN: 🇺🇸 SEC sues Consensys, alleging MetaMask is an unregistered securities broker.
The US SEC sues Consensys over its MetaMask service, alleging the wallet tool was an unregistered broker that "engaged in the offer and sale of securities" (@nikhileshde / CoinDesk) https://t.co/wwYEaZRTlN 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/WjtKu7KiJH
[THE BLOCK PRO] SEC sues #ConsenSys for allegedly violating US securities law, operating as unregistered securities broker
BREAKING: The SEC filed a suit against Consensys, just months after serving the firm with a Wells notice
REPORTS: The SEC is suing Consensys, alleges unregistered broker activities.
🚨 BREAKING: @SECGov sues @Consensys, claiming @Metamask to be an unregistered securities broker. https://t.co/PJxWby4hHu
BREAKING: the SEC sues Consensys for operating as an unregistered securities broker via MetaMask
BREAKING: The SEC sues @Consensys, the company behind @MetaMask, for unregistered brokerage activities and securities sales. Allegedly, MetaMask Swaps generated over $250M in fees, and unregistered staking securities with @LidoFinance and @RocketPool_Fi were sold. https://t.co/iou9FNpgba
BREAKING: SEC Sues Consensys over Metamask staking service SEC also alleges Lido and Rocket Pool staking programs are securities https://t.co/5ne9ro8fhX
SEC SUING CONSENSYS FOR ESSENTIALLY ACTING AS AN UNREGISTERED SECURITIES BROKER VIA METAMASK https://t.co/DaBM5hMP4P
UPDATE: SEC sues Consensys; claiming its MetaMask product to be an ‘unregistered securities broker’. • SEC under Gensler won’t slow down through election. • crypto lawyers expect additional industry actions. • zero accountability for regulatory bodies.
*SEC SUES CONSENSYS FOR ALLEGEDLY VIOLATING US SECURITIES LAW, OPERATING AS UNREGISTERED SECURITIES BROKER - THE BLOCK PRO
JUST IN: SEC sues Consensys for operating as an unregistered securities broker through MetaMask
#SEC SUES #CRYPTO FIRM CONSENSYS IN #FEDERAL COURT IN #BROOKLYN #SEC ALLEGES THAT @Consensys FAILED TO REGISTER AS A BROKER #Bitcoin
🚨NEW: The @SECGov has formally charged @Consensys with violating securities laws by operating as an unregistered broker dealer and engaging in the offer and sale of securities through its @MetaMask platform. This was expected, following the Wells notice Consensys received in… https://t.co/1Fi4cvp3ek
BREAKING: 🇺🇸 SEC sues Consensys for operating as an unregistered securities broker through MetaMask https://t.co/lITpIXZpz5
BREAKING: The U.S. @SECgov sued @Consensys over its MetaMask product, alleging its staking and swaps services violated federal law. @nikhileshde reports https://t.co/k4V0tIbGiS
*SEC SUES CRYPTO FIRM CONSENSYS IN FEDERAL COURT IN BROOKLYN *SEC ALLEGES THAT CONSENSYS FAILED TO REGISTER AS A BROKER Gensler has totally lost it
BREAKING: 🇺🇸 SEC sues Consensys for operating as an unregistered securities broker through metamask https://t.co/wNp5WTCrqi
The SEC is suing Consensys for operating as an unregistered securities broker via metamask https://t.co/wh0NHMXblo
They’re literally claiming MetaMask swap is an unregistered broker of securities lol
BREAKING: SEC CLAIMS LIDO AND ROCKET POOL STAKING PROGRAMS ARE SECURITIES $LDO $RPL
BREAKING: SEC SUES @CONSENSYS
BREAKING: SEC CLAIMS LIDO AND ROCKET POOL STAKING PROGRAMS ARE SECURITIES
BREAKING: SEC ALLEGES LIDO AND ROCKET POOL STAKING PROGRAMS ARE SECURITIES
*SEC ALLEGES LIDO AND ROCKET POOL STAKING PROGRAMS ARE SECURITIES Source: DB | Coins: LDO
JUST IN: SEC SUES CONSENSYS
*SEC SUES CONSENSYS Source: DB