Top Stories This Week
SEC is attempting to classify Ether as a security
The United States Securities and Exchange Commission reportedly issued numerous subpoenas to companies as part of its efforts to classify Ether as a security.
According to a recent report, an SEC investigation into the Ethereum Foundation could potentially grant the commission regulatory jurisdiction to label the digital asset as a security.
The foundation suggested via GitHub that it may be under investigation from a state authority.
Meanwhile, several U.S.-based companies reportedly received requests from the SEC to provide documents and financial records related to dealings with the Ethereum Foundation.
Celsius seeks to claw back $2B in customer withdrawals
Bankrupt crypto lender Celsius is reportedly aiming to recover $2 billion from major customers who withdrew from the platform just before its bankruptcy in July 2022.
According to a recent report, a Celsius…
