“According to the SEC’s complaint, since at least January 2023, Consensys has offered and sold tens of thousands of unregistered securities on behalf of liquid staking program providers Lido and Rocket Pool, who create and issue liquid staking tokens (called stETH and rETH) in exchange for staked assets,” the SEC said. “While staked tokens are generally locked up and cannot be traded or used while they are staked, liquid staking tokens, as the name implies, can be bought and sold freely.”
PGI CEO Gets 20 Years Over $200M Crypto Investment Scheme
A US federal judge in Virginia sentenced the chief executive of Praetorian Group International to 20 years in prison for...
