The main accusation is that ConsenSys offered staking services through MetaMask without the necessary registration as a securities broker.
SEC isn’t opposed to Ethereum staking itself; in fact, it supports its decentralization, encouraging participants to stake directly without intermediaries.
This development could lead to a reduction in companies offering intermediary staking services, potentially benefiting Ethereum’s decentralization and individual stakers.
ConsenSys, on its part, intends to defend its position in court and is prepared for a lengthy legal process, which could set a precedent for future similar legal disputes.
