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Posted by
Two Blokes May 7 -
Filed in
Crypto
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Newly released documents from Coinbase show that the New York Attorney Generals Office requested the U.S. Securities and Exchange Commission (SEC) to officially declare Ethereums native token, ether (ETH), a security during its 2023 lawsuit against crypto exchange KuCoin. The request was made by Shamiso Maswoswe, head of the AGs Investor Protection Bureau, who asked the SEC to file an amicus brief supporting the classification of ETH as a security, stating that it would benefit investor protectioneven though New York has authority over both securities and commodities.
