Central to the issue is Joseph Lubin’s Consensys lawsuit, aimed at preventing Ethereum from being classified as a security. Taking to X,, a former Ethereum advisor. Sparking increased speculation and interest in the ongoing legal battle, Nerayoff took to X and noted,“Their intention is to create a state of uncertainty in the situation and conceal their collaboration by pretending to be against each other. However, their actions are not sly enough, and we see through their every move.
This paints a skeptical view of justice being served, with concerns that the SEC may be too closely aligned with Ethereum to act impartially. Additionally, he also sheds light on prominent figures within Ethereum’s leadership, such as Joseph Lubin and Vitalik Buterin, accusing them of participating in fraudulent behavior.
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