SEC Sues Crypto Firm Consensys for Not Registering as Broker

The US Securities and Exchange Commission said crypto firm Consensys Software Inc. broke its rules when it failed to register as a brokerage and improperly collected millions of dollars in fees.

Consensys, which operates the popular crypto wallet MetaMask, handled millions of transactions for clients without proper regulatory oversight, the SEC said.

Read more: https://www.blockdit.com/posts/6684aeede84c0a0607e49a40
SEC Sues Crypto Firm Consensys for Not Registering as Broker The US Securities and Exchange Commission said crypto firm Consensys Software Inc. broke its rules when it failed to register as a brokerage and improperly collected millions of dollars in fees. Consensys, which operates the popular crypto wallet MetaMask, handled millions of transactions for clients without proper regulatory oversight, the SEC said. Read more: https://www.blockdit.com/posts/6684aeede84c0a0607e49a40
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