Coinbase’s SEC documents reveal that the New York Prosecutor wanted to announce security

The State Prosecutor in New York asked the US Securities and Stock Exchange Committee to announce explicitly from Ethereum’s eTHER (ETH), not a commodity, during the state’s supremacy in Cocoin in 2023, according to a document revealed by Coinbase Inc. In a group of agency contacts issued on Wednesday.

Shamiso MaswosweThe head of the New York Investors Protection Office, AG, expressed his hope that the International Federal Energy Agency will weigh during the court dispute by submitting a summary of his ETH view, according to a document produced by requesting the Freedom of Information Law submitted to SEC.

“We would like to ask SEC the amicus file to support the argument that Ether is safety,” she wrote on the request. “Whether it is or not, it will not be disposed of in our cause (we have an authority over both securities and goods) – but I think it will be useful to protect the investor to obtain a court to confirm that the ether is security.”

These messages and other messages related to the messenger were available and received inside the Supreme Education Council on Wednesday as Coinbase Open online access For more documents obtained in Legal transport with federal authorities. The issues of the former documents company included a set of messages from the federal deposit insurance company, which supported the allegations of industry that was pressured by American banking organizations actively to maintain a distance of encryption.

In New York’s request for 2023, he did not get what it requested as the Securities and Stock Exchange maintained the Agency’s ATH views to a large extent. The American Agency had indicated an early point of view that ETH is probably a commodity, then it seemed that it was frequent after the protocol turned into the consensus mechanism to prove consensus, but SEC eventually fell into a position that means ETH is a commodity, such as Bitcoin (BTC).

Read more: New York Public Prosecutor claims that ETHER is security in the kucoin suit

Such wrestling is on judicial definitions at the heart of the encryption industry’s long -standing conflict with American organizers, which now has eased after President Donald Trump has placed a friendly tone of encryption in his administration, including the selection of the new SEC Chairman, Paul Atkins. It was the agency Issuing data steadily About aspects of the digital assets sector that you consider outside the securities world.

As for the New York issue, the result was not important, because the Ministry of Financial Services organizes both securities and commodities under one roof, unlike the federal government supervision system that is divided between the Future Trading Committee for the Securities and Stock Exchange Committee.

In December 2023, New York got a 22 million dollars settling with Cocoin Because of its failure to register, it was exchanged in the state, the state prosecutor, Letetia James, noted that she “will continue to take action against any company that ignores the law rudely and is exposed to the provision and investments of the New York residents.”

Read more: Kucoin to pay 22 million dollars, leaving New York to settle the state suit

Other SEC Telecom shows an ongoing interest in classifying encryption assets and American control gaps in digital assets.

One email message revealed that the agency was thinking in 2021 about Ripple and XRP, and whether Blockchain was central or decentralized. The Supreme Education Council started a long -term legal battle with Ripple in the previous year when the company accused the work illegally in the United States, but this issue Recently ended up for Ripple – With the company even Recovery From the agency, which was called in a previous fine.