“Consensys has been offering and selling tens of thousands of unregistered securities on behalf of liquid staking program providers Lido and Rocket Pool since at least January 2023. These providers create and issue liquid staking tokens, known as stETH and rETH, in exchange for staked assets,” stated the SEC. “While staked tokens are typically locked up and cannot be traded or used, liquid staking tokens can be freely bought and sold.”
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