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SEC Plans to Drop Enforcement Suit Against ConsenSys’ MetaMask, CEO Joe Lubin Says

The SEC accused the company’s wallet tool of being an unregistered securities broker. Feb 27, 2025, 6:11 p.m. UTCThe U.S. Securities and Exchange Commission (SEC) is dropping yet another case against an American crypto company, as the regulator continues its strategic retreat from the so-called “regulation by enforcement” approach to crypto regulation it took under the leadership of former Chairman Gary Gensler.Joe Lubin, CEO of Brooklyn-based crypto software company ConsenSys, said in a Thursd...

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