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Texas court dismisses Consensys’ lawsuit against the SEC

According to BlockBeats, on Thursday evening, September 20, a Texas court dismissed the lawsuit filed by Consensys against the U.S. Securities and Exchange Commission (SEC) and SEC Chairman Gary Gensler.

The Consensys lawsuit was originally filed in April and contained some heavy news, including allegations that the SEC had launched an investigation into Ethereum and that the regulator had sent a wells notice to the company behind MetaMask.

“The enforcement action does not constitute a final agency action, and the notice neither marks the completion of the agency’s (the SEC’s) decision-making process nor establishes plaintiffs’ legal rights or obligations,” the judge said in Thursday’s ruling.

source

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