Consensys was my first job out of college and the first opportunity I had to step into the world of decentralized systems/blockchain (now referred to as "Web3"). If you care about this industry, you should be paying attention to the SEC's actions. If you'd like to read the full suit, it's quite easy to digest and a great primer on the "security vs commodity" classification which has plagued the industry for years: https://lnkd.in/ebkkvEtV
Today, Consensys filed litigation against the U.S. Securities and Exchange Commission to preserve access to ether in the U.S., and by extension, the Ethereum blockchain and permissionless innovation. While we don’t take this step lightly, we feel compelled to speak up on behalf of the Ethereum community and the future of our industry. From the very beginning, our mission at Consensys has been to empower people and communities through access to blockchain technologies. Today we are proud to take bold action to protect that freedom. Ethereum is for everyone. https://lnkd.in/e-HDGQVi
