![SEC Launched Formal Investigation Into Ethereum's Security Status Over a Year Ago, New Court Filing Shows](https://static.news.bitcoin.com/wp-content/uploads/2024/04/sec-eth-court-filing-768x432.jpg)
A new court filing claims that the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, initiated a formal investigation into ethereum’s potential classification as a security more than a year ago. SEC Enforcement Division Director Gurbir Grewal approved a formal investigative order in March last year to scrutinize potential securities transactions involving […]
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