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Crypto Lawyer Lashes SEC Chairman for Considering ETH Security

Today, crypto lawyer John Deaton made mocking statements to the chairman of the US Securities and Exchange Commission (SEC), Gary Gensler. Deaton criticized the chairman, saying Gensler would sue even an orange seller if the seller sought additional investment funds from outside investors for their fruit business.

Specifically, the crypto lawyer argued:

Deaton commented while reacting to a tweet that said the chairman of the US SEC considers the act of staking Ethereum token a security contract.


Source: Cryptocurrency - investing.com

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