SEC Ramps Up Legal Measures Against Ethereum and Crypto Exchanges

Cryptocurrencies continue to be a relatively nascent domain, and the actions carried out by governmental bodies often mark significant milestones. The Securities and Exchange Commission (SEC), for instance, recently made history by filing its inaugural lawsuit against an altcoin. Additionally, it took an unprecedented stance by waging war on the Ethereum ecosystem. Another notable event was the commencement of the premier DeFi case, followed by the initiation of the first-ever registered securities crypto case. Let’s explore these ongoing legal proceedings and speculate on their potential outcomes.