Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home News

SEC Charges Consensys for Unregistered Sales

June 28, 2024
Reading Time: 2 mins read
in News
SEC Charges Consensys for Unregistered Sales

The Securities and Exchange Commission (SEC) has charged ConsenSys Software Inc. with unregistered securities activities involving its MetaMask Staking and MetaMask Swaps services. According to the SEC’s complaint, ConsenSys has been involved in the unregistered offer and sale of securities through liquid staking programs, specifically through partnerships with Lido and Rocket Pool, since at least January 2023. These programs create liquid staking tokens that can be freely traded, unlike traditional staked tokens which are locked.

The SEC alleges that ConsenSys collected substantial fees as an unregistered broker and engaged in the unregistered sale of thousands of securities, impacting the U.S. securities markets without providing the investor protections mandated by federal laws. The complaint points out that ConsenSys’s activities have included soliciting investors, providing trading information, and handling customer orders while receiving compensation based on transactions.

Additionally, the SEC’s complaint, filed in the Eastern District of New York, accuses ConsenSys of violating registration provisions under the Securities Act of 1933 and the Securities Exchange Act of 1934. The SEC is seeking injunctive relief and financial penalties against ConsenSys to address these alleged regulatory breaches.

The investigation was conducted by members of the SEC’s Crypto Assets and Cyber Unit, including Daphna Waxman, Amy Mayer, and Abigail Cooper, with supervision from Mark R. Sylvester and Jorge G. Tenreiro. The litigation will be led by Samuel Wasserman and overseen by Jack Kaufman and Tenreiro.

Reference:

  • SEC Charges Consensys for Unregistered Securities Sales and Broker Activities
Tags: ConsenSysConsenSys SoftwareCyber NewsCyber News 2024Cyber threatsJune 2024MetaMaskSECUSA
ADVERTISEMENT

Related Posts

Operation Eastwood Hits Pro-Russian Hackers

Ex-US Soldier Pleads Guilty in Telecom Hacks

July 17, 2025
Operation Eastwood Hits Pro-Russian Hackers

Operation Eastwood Hits Pro-Russian Hackers

July 17, 2025
Operation Eastwood Hits Pro-Russian Hackers

Chinese Firms Amplify U.S. Cyberattacks

July 17, 2025
Google Realeases Critical Chrome Update

Police Disrupt Diskstation Gang

July 16, 2025
Google Realeases Critical Chrome Update

China’s Salt Typhoon Hacked US Guard

July 16, 2025
Google Realeases Critical Chrome Update

Abacus Dark Web Market Exit Scam

July 16, 2025

Latest Alerts

SonicWall Zero-Day RCE Exploited

Stealthy JavaScript Attacks via SVG Files

Malicious Telegram APK Campaign Uncovered

Google Realeases Critical Chrome Update

Interlock deploys new PHP RAT via FileFix

Android Malware Konfety Evolves

Subscribe to our newsletter

    Latest Incidents

    Cyberattack Strikes Air Serbia

    Customer Data Breach at Seychelles Bank

    Ukrainian Hack Hits Russian Drone Firm

    Albemarle County Ransomware Attack

    Fitify Leaks 138K User Progress Photos

    Millions Affected By Episource Data Breach

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial