SEC Sues Consensys Over MetaMask Staking, Broker Allegations

The U.S. Securities and Exchange Commission filed a lawsuit against Ethereum software provider Consensys on Friday over its MetaMask service, alleging that the wallet tool was an unregistered broker “engaged in the business of offering and selling securities.” The SEC’s lawsuit also targeted Ethereum staking services Lido (LDO) and Rocket Pool (RPL), the third-party platforms … Read more

Lawmakers in New York are pushing to block lawsuits over government bond funds

Stay informed with free updates Simply log in to the Government bonds myFT Digest – delivered straight to your inbox. New York lawmakers are launching a new push to limit lawsuits by “vulture funds” against governments that default on their debts and cut the amount investors can recover through the courts on defaulted emerging market … Read more