Tag: Consensys

In one of the most prominent crypto court cases, SEC v. Binance, the federal judge Amy Berman has ruled that a substantial part of the SEC's lawsuit against the embattled crypto exchange can proceed. This ruling represents a notable setback for Binance, which had sought to have the case dismissed. The SEC's lawsuit, filed in June 2023, accuses Binance and its former CEO, Changpeng Zhao, of multiple violations of securities laws.

Consensys Software Inc., a blockchain software company founded by Joseph Lubin in 2015, is best known for developing the MetaMask cryptocurrency wallet and Infura blockchain node infrastructure service. The U.S. Securities and Exchange Commission (SEC) has charged Consensys with the unregistered offer and sale of securities through its MetaMask Staking service and operating as an unregistered broker via MetaMask Staking and MetaMask Swaps.