Consensys Software Inc. will continue moving forward with its lawsuit against the U.S. Securities and Exchange Commission, Fox Business reporter Eleanor Terrett wrote in an X post, citing Consensys Founder Joseph Lubin. Yesterday, Consensys announced that the SEC was closing its investigation into Ethereum 2.0.

According to Terrett’s X post, Lubin said the closure of the SEC investigation is a development that was “necessary but not sufficient,” adding that the company will move forth with the litigation to achieve more legal clarity for crypto.

“We are hopeful that the antagonism to crypto among some US regulators is starting to wane and that the national investor protection strategy will evolve from the current guerrilla tactics,” said Lubin, according to Terrett’s post. 

Upon …