Cryptocurrencies continue to be an emerging domain, and the actions undertaken by governmental bodies often mark significant milestones. One such instance is the Securities and Exchange Commission (SEC) bringing a lawsuit against an altcoin, marking the first of its kind. Additionally, the SEC has recently launched an attack on the Ethereum ecosystem, which is unprecedented. Furthermore, they have commenced the first-ever DeFi case and initiated proceedings for a registered securities crypto case. These cases are currently ongoing, and their outcomes remain uncertain.
