2024-06-20
On June 18, 2024, the U.S. Securities
and Exchange Commission (SEC) has officially closed its investigation into
Ethereum 2.0, confirming that ETH will not be classified as a security and will
face no charges.
SEC will no longer pursue legal action claiming that ETH
sales are securities transactions.
This decision is a significant
milestone for the cryptocurrency industry and is seen as a major victory for
Ethereum.
The closure of the SEC’s probe into
Ethereum 2.0 has been met with positive reactions from the market, with
Ethereum’s value experiencing a boost following the announcement.
2 Ethereum ecosystem tokens, LDO and
ENS become top gainers after SEC dropped its investigation into Ethereum.
LDO’s 7 days price went up 14% and ENS’s
7 days price went up 28%.
