Consensys sues SEC over Ethereum classification, claims regulatory overreach

Consensys, the crypto firm backing projects critical to the Ethereum ecosystem, has filed a lawsuit against the SEC, alleging the federal agency of regulatory overreach.The filing was submitted in a Texas federal court. According to an initial report from Fortune Crypto, the complaint aims to preempt an impending SEC lawsuit against Consensys involving MetaMask, a major crypto and Web3 wallet... source: https://cryptobriefing.com/consensys-sues-sec-ethereum-not-security/