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SEC Is Dropping Its Investigation Into Ethereum, Consensys Says

SEC Drops Investigation Into Ethereum, Consensys Celebrates

Leading Ethereum developer Consensys has announced that the U.S. Securities and Exchange Commission (SEC) is no longer investigating the popular cryptocurrency. In a Twitter post, the company expressed its joy over the SEC closing its investigation into Ethereum 2.0, stating that this means no charges will be brought against ETH for alleged securities transactions. The news marks a significant victory for Ethereum developers, technology providers, and industry participants.