SEC 的秘密调查揭露了 Gensler 对以太坊作为未注册证券的怀疑

根据 Consensys 对 SEC 诉讼的未编辑版本，SEC 主席加里·詹斯勒 (Gary Gensler) 一年前将第二大加密货币以太坊视为未注册的证券。 SEC 执法部门主管 Gurbir Grewal 于 2023 年 3 月发起了正式调查，涉及向多个以太坊相关实体发出传票。据报道，美国证券交易委员会强制保密，防止传票接收者透露有关调查的信息。

SEC's Secret Probe Uncovers Gensler's Suspicions of Ethereum as an Unregistered Security

SEC 的秘密调查揭开了 Gensler 对以太坊作为未注册证券的怀疑

A bombshell revelation emerged from the unredacted lawsuit filed by ConsenSys against the U.S. Securities and Exchange Commission (SEC), exposing the agency's covert investigation into Ethereum's security status and the SEC Chairman's long-held suspicions about its classification.

ConsenSys 对美国证券交易委员会 (SEC) 提起的未经编辑的诉讼揭露了一个重磅炸弹，暴露了该机构对以太坊安全状况的秘密调查以及 SEC 主席长期以来对其分类的怀疑。

According to the unredacted documents, SEC Chairman Gary Gensler harbored concerns about Ethereum's legal status as early as a year ago, viewing the second-largest cryptocurrency as an unregistered security. This stance prompted Gurbir Grewal, Director of the Division of Enforcement, to initiate a formal investigation in March 2023, issuing subpoenas to various individuals and entities associated with the Ethereum token.

根据未经编辑的文件，SEC 主席 Gary Gensler 早在一年前就对以太坊的法律地位表示担忧，将第二大加密货币视为未注册的证券。这一立场促使执法部门主管 Gurbir Grewal 于 2023 年 3 月发起正式调查，向与以太坊代币相关的各个个人和实体发出传票。

Secrecy and Nondisclosure Agreements

保密和保密协议

The SEC's investigation was cloaked in secrecy, with sources comparing their experience to signing nondisclosure agreements. Subpoena recipients were instructed to remain silent about the probe in exchange for access to further information. ConsenSys, a key Ethereum backer, was among those targeted with subpoenas.

美国证券交易委员会的调查是保密的，消息人士将他们的经历与签署保密协议进行了比较。传票接收者被要求对调查保持沉默，以换取进一步的信息。 ConsenSys 是以太坊的主要支持者，也是传票的目标之一。

Wells Notice and SEC's Refusal to Clarify

威尔斯通知和 SEC 拒绝澄清

ConsenSys's subsequent lawsuit against the SEC revealed that the company received a Wells notice from the regulator in April, signaling the SEC's intention to take enforcement action. Despite repeated inquiries from Congressman Patrick McHenry during a congressional hearing in April 2023, Chairman Gensler declined to clarify his position on Ethereum's security status. Just days after the hearing, the SEC voted to approve the Ethereum investigation.

ConsenSys 随后对 SEC 提起的诉讼显示，该公司于 4 月份收到了监管机构发出的 Wells 通知，表明 SEC 打算采取执法行动。尽管国会议员帕特里克·麦克亨利在 2023 年 4 月的国会听证会上多次询问，主席 Gensler 拒绝澄清他对以太坊安全状况的立场。听证会后几天，美国证券交易委员会投票批准了以太坊调查。

Hostile Stance and Gensler's Shifting Views

敌对立场和詹斯勒的观点转变

The SEC's adversarial stance toward Ethereum is not entirely unexpected. In a recent interview, Gensler hinted that Ethereum could fall under the jurisdiction of unregistered securities laws. Notably, his previous stance during his MIT days recognized Ether as a non-security. However, Ethereum's transition to a proof-of-stake consensus mechanism appears to have altered his perspective.

美国证券交易委员会对以太坊的敌对立场并不完全出乎意料。在最近的一次采访中，Gensler 暗示以太坊可能受到未注册证券法的管辖。值得注意的是，他之前在麻省理工学院任职期间的立场将以太币视为非证券。然而，以太坊向权益证明共识机制的转变似乎改变了他的观点。

Confusion and Contradiction

混乱与矛盾

The SEC's approval of Ethereum futures exchange-traded funds (ETFs) has raised questions about its underlying stance on the cryptocurrency. ETF analyst Nate Geraci expressed confusion, stating that the approval of eth futures ETFs implied implicit acceptance of Ethereum as a non-security commodity.

美国证券交易委员会批准以太坊期货交易所交易基金（ETF）引发了人们对其对加密货币的基本立场的质疑。 ETF 分析师 Nate Geraci 表示困惑，他表示 ETH 期货 ETF 的批准意味着隐含地接受以太坊作为非证券商品。

Unresolved Questions and Legal Implications

未解决的问题和法律影响

The unredacted lawsuit and the SEC's ongoing investigation have brought to light the agency's concerns about Ethereum's security status. However, the SEC's lack of clarity and its secretive approach have left many questions unanswered. The legal implications of the investigation remain uncertain, and the fate of Ethereum as an unregistered security or a non-security commodity hangs in the balance.

未经编辑的诉讼和美国证券交易委员会正在进行的调查暴露了该机构对以太坊安全状况的担忧。然而，美国证券交易委员会的不明确性及其遮遮掩掩的做法使得许多问题没有得到解答。调查的法律影响仍不确定，以太坊作为未注册证券或非证券商品的命运悬而未决。