RIP any ounce of credibility the SEC had left. Gensler going into hall of fame for political clowns who completely self owned himself and his agency.
This is crazy! Ethereum is the quintessential example of how to pass the Howey test.
It's fine, in time they will get to learn the difference between Bitcoin and ETH. It's going to be extra fun when the ETH overlords take the protocol for a tail spin.