Investment bank TD Cowen has said the ConsenSys vs. SEC litigation over whether ether is a security "will take years" to resolve.
The SEC approved a "formal order" to investigate Ethereum a year ago, Consensys alleged in a newly unredacted complaint on Monday.
The price of dogwifhat spiked very briefly by 1,450% on Bybit, shortly after the memecoin was listed on the exchange.
Transaction volume in the past 30 days for Tether, USDC, and DAI, has surpassed Visa's 2023 monthly average, according to Nansen.
Ether's recent performance has seen the asset outstrip bitcoin in terms of gains for two consecutive weeks, as noted by analysts.
The investigation examined 25 exploits and traced illicitly gained funds passing mixers, exchanges and other avenues.
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