The SEC has followed through on a recent Wells notice and is charging Consensys for unauthorized sales of securities through Metamask Staking and for failure to register as a broker and a dealer while offering crypto trades and staking services through Metamask Staking and Swaps.

Consensys has reacted to the SEC complaint in the usual crypto fashion — by pounding the table, again. What does this mean for Consensys’s main money maker?

The full story is on David’s blog.