Consensys founder: Will advance lawsuit against SEC to gain more legal transparency for the industry

Odaily News Fox reporter Eleanor Terrett posted on X that she contacted Consensys founder Joseph Lubin and asked him to comment on the US SECs abandonment of its investigation into ETH and what it means for the companys lawsuit against the SEC. Lubin said the company still plans to move forward, The SECs decision to end its 14-month investigation into Ethereum is an exciting development - it is necessary, but not enough. There must be a better way to regulate the market than an ambush. We hope that the hostility of some US regulators to cryptocurrencies will begin to wane and that the national investor protection strategy will move away from the current guerrilla tactics. Until then, we will continue to file lawsuits against the SEC in Texas because we intend to fight for more legal transparency for everyone.