Ethereum’s Cofounder Says SEC Is ‘Gaslighting’ Everyone About Crypto

Joe Lubin is in a fight with the Securities and Exchange Commission. Not only is the financial regulator waging war against Ethereum, he claims, but making a grab for jurisdiction over the future of the Internet. So Lubin has decided to punch back. In 2015, Lubin was part of the team that created Ethereum, the computer network home to the world’s second largest cryptocurrency, known as ETH.

If the US has its way, it might use its long arm of the law to reach into different countries around the world and create pressure to reduce access to decentralized protocols and financial disintermediation. We don’t want to feel like we are being pushed out by an irrational or imprudent regulator. We need to stand our ground. What are you trying to achieve in bringing the lawsuit against the SEC? The SEC’s style is uncharacteristic of a public regulator.

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