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After declaring in 2025 that Ether is not a security, in 2025 the SEC secretly decided to claim power over this digital asset as a security and has been conducting an invalid A16z head of Global Policy Brian Quintenz says the SEC will fail in their legal campaign against the Ethereum Foundation. Here are more details about this. Amid the SEC legal campaign against Ethereum, venture capital firm A16z says it's likely to fail; noting why ETH is not a security to the SEC The SEC's legal position became tenuous after the agency, under growing political pressure, approved Ethereum ETFsan acknowledgement the currency is indeed a The US Securities and Exchange Commission (SEC) has wrapped up its investigation into Ethereum 2.0 and will no longer pursue legal action claiming that ETH sales Quintenz argues that any doubts regarding Ethereum’s regulatory treatment should have been resolved with the futures ETF approval, indicating a clear stance from the SEC that Ethereum A bitter legal fight between the crypto industry and the Securities and Exchange Commission grew more intense on Thursday as Consensys, a major backer of the When the SEC allowed Ethereum (ETH) Futures Exchange Traded Funds (ETFs) to trade on regulated securities exchanges, it explicitly acknowledged that Ethereum is The crypto industry finds itself at a pivotal juncture as the Swiss Ethereum Foundation received a “voluntary enquiry” from an undisclosed “state authority” which With news arriving yesterday that the US Securities and Exchange Commission SEC enacted a legal campaign against Ethereum Andreessen Horowitz A16z has

SEC Legal Campaign Against Ethereum Likely to Fail, Says A16z

Amid the SEC legal campaign against Ethereum, venture capital firm Andreessen Horowitz A16z says it\'s likely to fail; noting why ETH is not a security to the SEC. A16z head of Global Policy Brian Quintenz says the SEC will fail in their legal campaign against the Ethereum Foundation. Here are more details about this crucial development for the crypto industry.

A16z: SEC\'s Case Against Ethereum is Weak

The crypto industry finds itself at a pivotal juncture, especially after news arriving yesterday that the US Securities and Exchange Commission SEC enacted a legal campaign against Ethereum. But A16z strongly believes the SEC\'s case is fundamentally flawed. The SEC\'s legal position became tenuous after the agency, under growing political pressure, approved Ethereum ETFs—an acknowledgement the currency is indeed a commodity, not a security.

The Ethereum ETF Approval: A Key Argument

When the SEC allowed Ethereum (ETH) Futures Exchange Traded Funds (ETFs) to trade on regulated securities exchanges, it explicitly acknowledged that Ethereum is *not* a security. Quintenz argues that any doubts regarding Ethereum’s regulatory treatment should have been resolved with the futures ETF approval, indicating a clear stance from the SEC that Ethereum does not meet the criteria of a security.

SEC\'s Shifting Stance on Ethereum: A Contradiction

The perceived inconsistency in the SEC\'s approach is raising eyebrows. Consider this: After declaring in 2025 that Ether is not a security, in 2025 the SEC secretly decided to claim power over this digital asset as a security and has been conducting an invalid investigation. This apparent shift is likely to be a significant point of contention in any legal battle.

The Ongoing Investigation: A Bitter Legal Fight

A bitter legal fight between the crypto industry and the Securities and Exchange Commission grew more intense on Thursday as Consensys, a major backer of the Ethereum network, is also challenging the SEC\'s stance. The US Securities and Exchange Commission (SEC) has wrapped up its investigation into Ethereum 2.0 and will no longer pursue legal action claiming that ETH sales constitute securities offerings. This closure, however, doesn\'t necessarily signal an end to all regulatory scrutiny.

European Scrutiny: The Swiss Ethereum Foundation\'s "Voluntary Enquiry"

Adding another layer to the complexity, the Swiss Ethereum Foundation received a “voluntary enquiry” from an undisclosed “state authority” which adds further uncertainty to the regulatory landscape surrounding Ethereum.

The situation remains dynamic, but A16z\'s strong assertion that the SEC\'s legal campaign is likely to fail provides a glimmer of hope for the Ethereum community. The ETF approvals and the perceived inconsistency in the SEC\'s position offer compelling arguments in favor of Ethereum\'s classification as a commodity rather than a security.