{"id":26632,"date":"2024-04-27T21:42:04","date_gmt":"2024-04-27T21:42:04","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=26632"},"modified":"2024-04-27T21:42:04","modified_gmt":"2024-04-27T21:42:04","slug":"consensys-gets-a-wells-notice-over-metamask-swaps-and-staking","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2024\/04\/27\/consensys-gets-a-wells-notice-over-metamask-swaps-and-staking\/","title":{"rendered":"Consensys gets a Wells notice over MetaMask Swaps and Staking"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Consensys got a Wells notice of impending enforcement action from the SEC on April 10. The SEC thinks Consensys is operating as an unregistered broker-dealer by making money on the <\/span><span style=\"font-weight: 400;\">MetaMask Swaps and MetaMask Staking products.<\/span><\/p>\n<p>So Consensys is preemptively suing the SEC first!<\/p>\n<p><span style=\"font-weight: 400;\">We\u2019re not lawyers ourselves, but the expensive lawyers who wrote this complaint seem only to have been able to find the crayons that day.<\/span><\/p>\n<p>This one is over at Amy&#8217;s. [<a href=\"https:\/\/amycastor.com\/2024\/04\/27\/consensys-gets-a-wells-notice-over-metamask-swaps-and-staking\/\"><em>Amy Castor<\/em><\/a>]<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2024\/04\/27\/consensys-gets-a-wells-notice-over-metamask-swaps-and-staking\/lubin-ethereum-team-2014\/\" rel=\"attachment wp-att-26633\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-26633\" src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2024\/04\/lubin-ethereum-team-2014.jpg\" alt=\"\" width=\"510\" height=\"315\" srcset=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2024\/04\/lubin-ethereum-team-2014.jpg 680w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2024\/04\/lubin-ethereum-team-2014-300x185.jpg 300w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2024\/04\/lubin-ethereum-team-2014-348x215.jpg 348w\" sizes=\"auto, (max-width: 510px) 100vw, 510px\" \/><\/a><br \/>\n<small><i>Joe Lubin of Consensys and the Ethereum team in 2014.<\/i><\/small><\/p>\n<br><br><div align=\"center\"><p><a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\"><img src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/become_a_patron_button.svg\" alt=\"Become a Patron!\" title=\"Become a Patron!\" width=217 height=51><\/a><br><p style=\"align:center;\" class=\"patreon-badge\"><i>Your subscriptions keep this site going. <a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\">Sign up today!<\/a><\/i><\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>The expensive lawyers who wrote this complaint seem only to have been able to find the crayons that day.<\/p>\n","protected":false},"author":1,"featured_media":26633,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[288,196,2876,82,1471,2060,391,201,2220,33,3773],"class_list":["post-26632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorised","tag-coinbase","tag-consensys","tag-dtcc","tag-ethereum","tag-ethereum-foundation","tag-gary-gensler","tag-kraken","tag-metamask","tag-proof-of-stake","tag-sec","tag-watchell-lipton-rosen-katz"],"jetpack_featured_media_url":"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2024\/04\/lubin-ethereum-team-2014.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/26632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/comments?post=26632"}],"version-history":[{"count":5,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/26632\/revisions"}],"predecessor-version":[{"id":26638,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/26632\/revisions\/26638"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media\/26633"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=26632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=26632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=26632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}