ConsenSys, a blockchain software company, announced a major victory for Ethereum (CRYPTO: ETH), following the closure of the SEC’s investigation into whether the world’s second-largest cryptocurrency is a security. What Happened: On Tuesday, ConsenSys took to X to reveal that the regulator will not move forward with the charges alleging that sales of Ether are securities transactions. The announcement followed a letter sent by ConsenSys to the SEC on June 7, asking for confirmation that the Ether spot ETF approvals last month, based on ETH being a commodity, would lead to the closure of the in…
