SEC Boss Won't Say If Ethereum Is a Security

1/11/2022 2:00:00 AM

ICYMI: Gary Gensler has once again refused to comment on whether #Ethereum is an unregistered security #SEC $ETH

Ethereum, Sec

ICYMI: Gary Gensler has once again refused to comment on whether Ethereum is an unregistered security SEC $ETH

Ether's regulatory status remains in limbo as Gary Gensler declines to comment on whether the second-biggest cryptocurrency is a security

 refused to comment on whether Ether is an unregistered security, the question at the center of the high-stakes Ripple lawsuit:We don't get involved in these types of public forums, talking about any one project, one possible circumstance and give legal advice over the airways that way.

Gensler says that thousands of cryptocurrency projects are trying to raise money from the public, but it is important for them to share a relevant set of disclosures with investors.The SEC boss also bemoaned the lack of compliance within the industry, claiming "way too many" cryptocurrency projects that are securities are trying to masquerade as something else in order not to go through the hassle of registering with the SEC:

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Gary Gensler  refused to comment on whether Ether is an unregistered security, the question at the center of the high-stakes Ripple lawsuit: We don't get involved in these types of public forums, talking about any one project, one possible circumstance and give legal advice over the airways that way.Email District 65 faces staff shortages, forcing schools to cancel classes Monday and Tuesday An Illinois school district was forced to cancel classes due to staff shortages.Email NORTH CHICAGO, Ill..

Gensler says that thousands of cryptocurrency projects are trying to raise money from the public, but it is important for them to share a relevant set of disclosures with investors. The SEC boss also bemoaned the lack of compliance within the industry, claiming "way too many" cryptocurrency projects that are securities are trying to masquerade as something else in order not to go through the hassle of registering with the SEC: Unfortunately, way too many of these are trying to say 'Well, we are not a security. GARY, Indiana. We are just something else. The body of 6-year-old Damari Perry was found Friday night near an abandoned home on Van Buren Street, just off 7th Avenue in Gary, according to police.' Gensler has repeatedly dodged the same question during his tenure, claiming that the SEC will not comment on specific cryptocurrencies. The SEC's lawsuit against Ripple , which alleges that the XRP token is an unregistered security, now stretches into its second year.

He also refused to comment on the ConsitutionDAO project, a decentralized autonomous organization that made headlines in late 2021. Perry, has been charged with first-degree murder, concealment of a homicide and obstruction of justice, Lake County (IN) prosecutors announced Saturday afternoon. Constitution DAO lost its bid to billionaire collector Kenneth Griffin who shelled out $43.2 million for a rare copy of the U.S. A third family member, only identified as a juvenile sibling, is also facing charges, officials said. Constitution.

Critics often argue that the SEC is out of step with modern technologies given that the .