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Consensys Suit Against U.S. SEC Dismissed by Texas Court

The federal court dropped the lawsuit because its core argument was already resolved, though Consensys repeated assertions that the U.S. securities regulator is abusing its authority.

Updated Sep 20, 2024, 6:16 p.m. Published Sep 20, 2024, 3:48 p.m.
A Texas federal court dismissed a lawsuit against the Securities and Exchange Commission from CEO Joe Lubin's Consensys. (Shutterstock/CoinDesk/Suzanne Cordiero)
A Texas federal court dismissed a lawsuit against the Securities and Exchange Commission from CEO Joe Lubin's Consensys. (Shutterstock/CoinDesk/Suzanne Cordiero)