Judge dismisses Consensys lawsuit against SEC over MetaMask and Ethereum claims
Powered by @unfolded- A U.S. district judge dismissed Consensys' lawsuit against the SEC regarding claims about Ethereum and MetaMask.
- Judge Reed O'Connor ruled in favor of the SEC, stating that Consensys failed to demonstrate a ripe case or controversy regarding its MetaMask claims.
- Consensys initially sued the SEC over the classification of ether as a security and the agency's actions against its MetaMask software.
- The dismissal follows a series of legal exchanges, including a Wells notice from the SEC and a subsequent lawsuit against Consensys for not registering as a broker.