Cryptocurrency News
SEC lawsuit claims jurisdiction as ETH nodes are ‘clustered’ in the US
2022.09.20 01:14
SEC lawsuit claims jurisdiction as ETH nodes are ‘clustered’ in the US
The Securities Exchange Commission (SEC) has made an unprecedented claim that transactions take place in the United States as ETH nodes are “clustered more densely” in the United States than any other country.
The SEC argument is found within a Sept. 19 lawsuit against crypto researcher and YouTuber Ian Balina, which alleged, among many other complaints, that Balina conducted an unregistered offering of Sparkster (SPRK) tokens when he formed an investing pool on Telegram in 2018.
Continue Reading on Coin Telegraph
