Consensys will go ahead with its lawsuit against the United States Securities and Exchange Commission (SEC) after the federal agency dropped its probe against the Ethereum (ETH) developer, the blockchain software company’s founder Joseph Lubin confirmed to Fox Business journalist Eleanor Terrett on Thursday.
Calling news of the federal regulator’s decision to close its 14 month investigation into Ethereum a “welcome development,” the Consensys co-founder claimed that there “has to be a better way to regulate the market than through ambush”