SEC Believed Ethereum to Be a Security Since 2023, Court Documents Reveal

Newly disclosed court filings indicate that the SEC has considered Ethereum a security for over a year, contradicting previous public statements.

Court documents from a Consensys lawsuit reveal the SEC's long-held belief that Ethereum is a security.
SEC's stance on Ethereum's status as a security has been under wraps, despite public inquiries.
The investigation, dubbed 'Ethereum 2.0', began in March 2023 to probe unregistered offerings and sales of ETH.
The SEC's view contrasts with prior statements that Ethereum, like Bitcoin, was not a security.
This revelation could significantly impact Ethereum's regulatory and market status.