SEC Sues Consensys Over MetaMask Staking and Swap Services: Lido Token Plummets

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Consensys Software Inc. in the U.S. District Court for the Eastern District of New York. The suit alleges that Consensys operated as an unregistered broker-dealer and offered unregistered securities through its MetaMask Swap and MetaMask Staking platforms. Highlighting the importance of regulatory compliance,