SHOCKING Proof the SEC is out of control! (ETHEREUM is not a security!)

SHOCKING Proof the SEC is out of control! (ETHEREUM is not a security!)

we all know that the SEC is 100%
unhinged and just because I don’t agree
with the sec’s action doesn’t mean I
don’t think that we don’t need any type
of regulation in crypto I am okay with
light regulation that promotes
Innovation protects retail but doesn’t
restrict Innovation and that’s what
we’re starting to see today and the fact
that Gary Gensler from the SEC under
oath could not tell us whether ethereum
was a security or not and again you guys
ethereum is the second largest
cryptocurrency by market cap is
absolutely insane and if you’re brand
new to the channel the ohow make sure
you are subscribed and like this video
and if you’ve been here you know so
earlier today it was reported that Gary
gendler for the last year thinks
ethereum the second largest
cryptocurrency by market cap could be a
security I literally can’t make this up
you can’t and as we all know last week
consensus filed a lawsuit against the
about metamask wanting to have that
license as a broker dealer even though
it’s supposed to be a decentralized
wallet so they’re fighting that and then
also them classifying ethereum as a
security while the SEC is trying to but
prior to that the SEC had sent them a
well notice back on April 10th so it’s
just absolutely ridiculous but the crazy
thing about it is is Gary gendler knows
that ethereum is not a security but
continues to like say these ridiculous
things some more from the article over
here so according to new documents the
SEC and Gary ginel reportedly viewed
ethereum as an unregistered security for
least year if that was the case when he
was under oath why didn’t he say
anything why didn’t he come out and say
a theum is security I think a the is
security and that’s problematic Okay the
reason why it’s problematic is because
when you’re under oath and you’re saying
that and you’re not giving any type of
Direction this could potentially be used
in court and I hope it does and I hope
consensus absolutely obliterates the SEC
because what the SEC doing is not right
then the next thing the documents
provide insight into the timeline behind
the sec’s thinking regarding ethereum’s
alleged status of security but the
documents are not made public yet which
again is problematic because we need to
know what’s going on also too this news
comes after consensus filed a lawsuit
against the SEC claiming the agency’s
attempting an unlawful power grab by
seeking to classify ethereum as a
security and I agree I think what the
SEC is doing is wrong the SEC and the
cftc are both trying to regulate crypto
nobody knows what’s going on we keep
hearing this is a security that is a
security but nobody has put any law
forth and again that’s problematic
Behavior because what this is doing is
is actually hurting retail investors
because a lot of people are invested in
ethereum and just like the Ripple case
Ripple had to spend millions and
millions of dollars battling the SEC to
get some case law to actually get the
judge to say on the secondary Market xrp
is not a security so ethereum situation
is a little bit different fingers CL
cross that they win and we’re going to
have a long battle ahead of us thank you
guys so much for watching and share this
for that

Hey babes, the SEC is at it again with their ridiculous claims

Please share this video!

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