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bitcoin
Bitcoin (BTC) $ 94,841.41 1.80%
ethereum
Ethereum (ETH) $ 1,795.79 1.51%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.30 2.69%
bnb
BNB (BNB) $ 605.39 0.83%
solana
Solana (SOL) $ 148.02 1.83%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.178282 1.33%
cardano
Cardano (ADA) $ 0.700903 1.96%
tron
TRON (TRX) $ 0.247939 1.50%

Is Ether a Security?

The NYAG sued KuCoin last week under state law, alleging that ether, post-Merge, is a security under the Ethereum blockchain’s proof-of-stake consensus mechanism. The NYAG also alleged that terraUSD (UST) and luna (LUNA) are securities, as well as KuCoin’s Earn platform. I’m not going to get into the last two – regulators have alleged for a while now that “earn” products are securities, and have settlements with various lenders to support that contention, and there are other cases looking at the terraUSD/luna ecosystem.

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