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SEC Claims All of Ethereum Falls Under US Jurisdiction

Summary by Ground News
SEC says network nodes most densely clustered in US. Suit lodged Monday is against the founder of a crypto investment research firm over allegedly undisclosed incentives linked to an initial coin offering. Those Ether transactions originated in America and were validated by a network of nodes which are clustered more densely in the US than in any other country, SEC says.

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decrypt.co broke the news in New York, United States on Monday, September 19, 2022.
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