Ethereum Foundation Under SEC Scrutiny in Crypto Crackdown

IndustryTrends

The Ethereum Foundation is facing SEC scrutiny amid a crypto crackdown

The SEC has expanded its investigation into the Ethereum Foundation's dealings, issuing subpoenas to firms involved

An unnamed "state authority" is also investigating the Ethereum Foundation, raising questions about the classification of ETH as a security

The Ethereum Foundation's warrant canary was removed, hinting at potential government inquiries

The SEC's actions may impact the approval of Ether ETFs and the broader crypto industry

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