Consensys' lawsuit against the U.S. Securities and Exchange Commission (SEC) and SEC Chair Gary Gensler was dismissed by a Texas court on Thursday night.

Consensys' lawsuit, originally filed in April, included several explosive claims, including accusations that the SEC was investigating Ethereum and that the regulator had issued a Wells notice to the company behind MetaMask.

The judge ruled on Thursday that "Enforcement actions do not constitute final agency action, and the notice neither marks the completion of the agency's (i.e. SEC's) decisionmaking process nor establishes the plaintiff's legal rights or obligations."