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CoinDesk Podcast Network

UNCHAINED: The Real Reason Why the SEC Might Be Going After Ethereum

Apr 3, 2024
Guests Sam Enzer and Greg Strong delve into the SEC's investigation of Ethereum, questioning its motives and implications. They discuss the likelihood of spot Ether ETF approval and the impact on the crypto industry if ETH is labeled a security. Enzer opposes the notion of ETH as a security, emphasizing its decentralized nature. They touch on the recent SEC vs Coinbase case ruling and potential outcomes in the crypto market.
01:20:08

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • SEC investigation into Ethereum Foundation challenges ETH's status as a commodity.
  • Debates arise on whether ETH qualifies as a security amidst Ethereum's decentralized nature.

Deep dives

SEC Investigation into Ethereum Foundation's Role with ETH

The SEC's investigation into the Ethereum Foundation revolves around the potential labeling of ETH as a security. While this investigation signals a possible shift in the SEC's stance, it contrasts with earlier statements indicating ETH's decentralization. The inquiry includes subpoenas seeking information about interactions with the Ethereum Foundation.

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