JUST IN: 🚨SEC is waging a legal campaign to classify Ethereum as a Security.

The SEC’s probe of the Swiss-based Ethereum Foundation began after ETH shifted to proof-of-stake in September of 2022. 

Be prepared that most alt-coins that using proof-of-stake will be considered a security, And many of them will not pass the regulation and will be removed from exchanges. If you are dealing with any alt coins, check what it is. 

Bitcoin and RBTC is proof of work, it’s not a security, it’s an asset like oil and gold. That’s why it was approved easily for Bitcoin ETF. 

Any security will need a stronger control from regulators to protect investors who buying it. 

It’s started. What going to happen next? People will sell alt coins to get Bitcoin. Be prepared for the ride. And halving is coming on top of Bitcoin ETF approval in more countries. https://video.nostr.build/e47a92ad11342c530326dc94020b9b33fb3599036028fd9129627bf7c856b788.mp4